Press "Enter" to skip to content

China’s home prices grew at slowest pace in two years in January, more weakness to come amid epidemic

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Home prices in China grew at their slowest pace in nearly two years in January as the coronavirus outbreak hurts the already weakening housing markets.

New-home prices rose 0.27 per cent last month from December in 70 major cities, National Bureau of Statistics data showed Monday. That’s lower than a 0.3 per cent gain in December and marking the slowest pace since February 2018.

On a year-on-year basis, home . . .

To continue reading, please subscribe. You will get

  • Original and data-driven reporting with details and perspectives you won't find anywhere else
  • THE WIRE - A real-time platform focused on China, with up-to-the-minute updates
  • Daily Brief newsletter to get you prepared for every trading day
  • An indispensable and reliable source of information on China's economy and financial markets
  • We focus. That's why you choose us.

 

FREE TRIAL cancel anytime

 

We highly value independence. We are solely funded by subscriptions from intelligent readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top