China new home price growth slowed in February as housing market remains sluggish, smaller cities face more pressure
China new home price growth slowed in February as housing market remains sluggish, smaller cities face more pressure

China new home price growth slowed in February as housing market remains sluggish, smaller cities face more pressure

 

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China's new home prices slowed in February, indicating the housing market remained sluggish despite a gradual easing in property restrictions by authorities.

Average new home prices in China's 70 major cities remained unchanged in February from the previous month, compared with a 0.1% gain in January, showed calculations based on data released by the National Bureau of Statistics (NBS) on Wednesday.

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