BUSINESS China's home prices see mild increases in January

BUSINESS

China's home prices see mild increases in January

Xinhua

11:18, February 23, 2021

China continued to see a generally stable housing market in January, with home prices in 70 major cities showing mild month-on-month increases, official data showed Tuesday.

New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- rose 0.6 percent month on month in January, compared with a 0.3-percent increase registered in December, according to data from the National Bureau of Statistics.

A total of 31 second-tier cities saw a month-on-month increase of 0.4 percent in new home prices, while 35 third-tier cities witnessed a month-on-month rise of 0.2 percent in new home prices last month.


Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue