Chinese Home Prices Rise 0.34pc in January

Chinese new home prices rose 0.34 percent nationally in January. Prices are up 5.4 percent year-on-year.

Year-on-year prices fell in 11 cities, many of which were "hot" cities in 2016: Beijing, Tianjin, Shanghai, Nanjing, Hangzhou, Hefei, Fuzhou, Zhenghzhou, Shenzhen, Chengdu and Wuyi.

Only 45 cities saw rising existing home prices mtm in January, with an average increase of 0.19 percent.

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