New home prices climbed 0.7 percent in April, matching March's increase. A smaller number of cities saw rising prices.
Restrictions are working though. I watch 12 cities, the four first-tier cities and eight "hot" cities. These 12 combined for an average price increase of 0.08 percent. I don't include Sanya in the list, and it saw the largest drop, 1.2 percent on the month. Many third-tier cities saw gains of 1 percent or more. The highest was 2.2 percent in Bengbu, Anhui.
Existing home prices also climbed 0.7 percent. In those 12 cities, the average increase was 0.4 percent. The highest increase was in Changsha, up 4.3 percent.
Why Is a Sensible Immigration Policy Discussion So Hard?
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Why is the choice between shutting down the border and no controls at all?
And what about demographics? Fertility rates?
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