China’s new home prices fell on year in April for first time in six years, no warming signs in housing market despite policy easing

China housing market

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China’s home prices declined across the board in April, with new home prices recording their first drop in more than six years, as resurgent Covid-19 outbreaks in several major cities exacerbated the weakness in the housing market.

New home prices in China's 70 major cities fell 0.1% in April from a year earlier, the first year-on-year drop since December 2015, showed calculations by the E-House China R& . . .

 

 

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