China May new home prices growth fastest in five months

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China’s new home prices in May grows at fastest pace in five months June 18, 2019 admin World Comments Off on China’s new home prices in May grows at fastest pace in five months Residential buildings in Tongzhou District on May 31, 2017 in Beijing, China.

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China’s housing ‘melt up’ continues, as new home prices rocket most in 19 months. 15 Jun 2018. China’s new home prices rose in June at the fastest pace in 20 months, even as the government stepped up controlling measures to fight price inflation.

China’s home prices growth fastest in 5 months, raises policy challenge * May new home prices +0.7% m/m vs +0.6% in April * Annual growth +10.7% vs +10.7% in April * 67 out of 70 cities reported higher prices, same from April * Policy whack-a-mole’ continues – analyst (Adds analyst quotes, context on economy, policy.

Average new home prices in China’s 70 major cities rose 1 percent in June from a month earlier, higher than the previous month’s reading of 0.7 percent, according to Reuters calculations based on.

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Average new home prices in China’s 70 major cities rose 0.7 per cent in May from the previous month, picking up from a 0.6 per cent rise in April and the quickest pace since December, according to Reuters calculations based on National Bureau of Statistics (NBS) data on Tuesday.

 · China’s official manufacturing purchasing managers index displayed a May reading of 49.4, indicating contraction instead of expansion. 5. India was no longer home to the world’s fastest-growing economy. Last month, its government stated first-quarter gross domestic product of 5.8%, below that of China (which reported an official Q1 GDP of 6.4%).

China’s new home prices accelerated to their fastest pace in almost two years in June, with buyer demand in bigger cities resilient in the face of fresh curbs against speculation, a sign more.

Chances that growth. at their fastest pace since mid-2016: down 8.5% on the year following a 4.0% rise in April. That follows other clues that domestic demand is weaker than expected-sharply lower.

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