China’s new home mortgage loans picked up in November for second straight month
China’s new home mortgage loans picked up in November for second straight month

China’s new home mortgage loans picked up in November for second straight month

 

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China's outstanding home mortgage loans stood at 38.1 trillion yuan by the end of November, increasing by 401.3 billion yuan from the end of October, and the increase was 53.2 billion yuan more than that in October, according to data released by the People's Bank of China (PBOC) on Monday.

It's the second straight month for the central bank to release separate data of new home mortgage loans. Before . . .

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