Chinese Home Prices Rise 1 pc in September

While there were some cases of real estate rage in late September and early October as developers took advantage of holidays, the topping process is still producing rising prices. New home prices rose 1 percent nationally in September. Only three cities saw falling prices: Shanghai, Shenzhen and Jinhua. Shenzhen saw the largest drop of 0.2 percent. On the other side. Xi'an led with a price increase of 6.2 percent.

Existing home prices showed a larger decline with only 59 cities rising and 7 declining. The average increase was 0.9 percent.

No comments:

Post a Comment