Sat, 27 Feb 2021

China's home prices see mild increases in December

Xinhua
15 Jan 2021, 12:30 GMT+10

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BEIJING, Jan. 15 (Xinhua) -- China continued to see a generally stable housing market in December, with home prices in 70 major cities showing mild month-on-month increases, official data showed Friday.

New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- rose 0.3 percent month on month in December, compared with a 0.2-percent increase registered in November, according to data from the National Bureau of Statistics.

The country's 31 second-tier cities saw a month-on-month increase of 0.1 percent in new home prices, while 35 third-tier cities witnessed a month-on-month rise of 0.1 percent in new home prices last month.

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