Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Economy & Forex  >  All News

News : Economy & Forex

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
All NewsEconomyCurrencies / ForexEconomic EventsPress releases

China Average Home Prices in Nov up 0.4% From October

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/18/2017 | 03:15am CET
   By Dominique Fong 
 

BEIJING -- Home prices in China in November grew slightly faster from the month before on the back of gains in smaller cities.

The average price of new homes in 70 cities rose 0.4% in November from October, excluding government-subsidized housing, according to calculations from The Wall Street Journal based on data released Monday by the National Bureau of Statistics. That compared with a 0.3% on-month gain in October.

Compared with the same period a year earlier, average new home prices increased 5.5% in November, slowing from a 5.7% increase in October.

Among China's biggest cities, home prices were stable in Beijing and Shanghai from the month before, but fell 0.1% in Guangzhou and 0.2% in Shenzhen.

During the same period, prices rose the fastest in Urumqi, up 1.9%. Prices also rose 1.5% in Zhanjiang and 1.3% in Xining.

New home prices rose in 50 of 70 cities in November from a month earlier, the same as in October. Prices of new homes increased in 59 of 70 cities in November from a year earlier, compared with 60 in October.

-- Write to Dominique Fong at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Economy & Forex"
08:16p Lawmakers Trade Blame Over Government Shutdown -- 3rd Update
06:44p MINISTRY OF FOREIGN AFFAIRS OF UNITED ARAB EMI : UAE, Italy hold 3rd Strategic Dialogue.
05:59p PRESIDENCY OF REPUBLIC OF SOUTH AFRICA : President Zuma to receive a courtesy call from President Kirr of South Sudan in Pretoria
05:56p Russian and Saudi energy ministers satisfied with oil market rebalancing - statement
05:24p CARICOM CARIBBEAN COMMUNITY : The Caribbean Community (CARICOM) embarks on the implementation of a harmonised Results-Based Management (RBM) System
05:14p MINISTRY OF AGRICULTURE & FARMERS WELFARE OF R : Milk production, which was around 17-22 million tonnes in the 1960s, increased to 165.4 million tonnes in 2016-17. Particularly, it increased by 20.12% during the year 2016-17 in comparison to 2013-14.
04:47p Turkey air strikes hit Syria's Afrin province in push to secure borders
04:34p MINISTRY OF DEFENSE OF RUSSIAN FEDERATION : Russia and Myanmar to implement large-scale bilateral military cooperation plan
04:34p MINISTRY OF DEFENSE OF RUSSIAN FEDERATION : Russia and Myanmar reach intergovernmental agreement on the simplified procedure for calls of warships to ports
03:55p Lawmakers Return to Capitol for Spending Talks -- 2nd Update
Latest news "Economy & Forex"
Advertisement