China May new home prices growth fastest in five months

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.

China’s new home prices hit fastest growth in almost two years in June. Average new home prices in China’s 70 major cities rose 1 % in June from a month earlier, higher than the previous month’s reading of 0.7 %, according to Reuters calculations based on an official survey on Tuesday. The monthly growth was the highest since October 2016.

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.

Average new home prices in China’s 70 major cities rose 0.7% in May from the previous month, picking up from a 0.6% rise in April and the quickest pace since December, according to Reuters calculations based on National Bureau of Statistics (NBS) data on Tuesday. That marked the 49th straight month of price gains.

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Residential buildings in Tongzhou District on May 31, 2017 in Beijing, China.Zhang Peng | LightRocket | Getty ImagesNew home prices in China rose at their fastest pace in five months in May, complicat. Average new home prices in May grew at the fastest rate since December 2018, rising higher for the 49th consecutive month. Home prices rose 0.7% in May YoY, the same rate as in April.

Finally, the latest twist in the US-China trade war. close to last week’s two-month low. Gold is benefiting from the sell-off, with prices hitting a six-year high over $1,525 per ounce today. A.

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 restrictions may be needed. Average new home prices in China’s 70 major cities rose 1 percent in June