2018-08-15

Rush to Buy New Homes Pushes Prices Up 1.2pc Nationally in July

It looks like Chinese homebuyers rushed to buy in July with new home prices rising 1.2 percent. Larger gains were seen mainly in lower-tier cities.

Reuters: China's new home price growth hits two-year high as small cities boom
Outside the recent boom periods of 2016 and early 2013, monthly price gains of more than 1 percent have been rare in China's official home price data.

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