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China’s home prices slightly up in April

Abstract : China continued to see a generally stable housing market in April, with home prices in 70 major cities showing moderate month-on-month increases, official data showed Monday.

BEIJING, May 17 (Xinhua) — China continued to see a generally stable housing market in April, with home prices in 70 major cities showing moderate month-on-month increases, official data showed Monday.

New home prices in four first-tier cities — Beijing, Shanghai, Shenzhen and Guangzhou — rose 0.6 percent month on month in April, compared with a 0.4-percent increase registered in March, according to data from the National Bureau of Statistics.

A total of 31 second-tier cities saw a month-on-month increase of 0.6 percent in new home prices, while 35 third-tier cities witnessed a month-on-month rise of 0.4 percent in new home prices last month. Enditem

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Source: China’s home prices slightly up in April

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