Most major Chinese cities saw home prices drop in November, developers remained reluctant to buy land

THE WIRE - Up-to-the-minute news updates walk you through every trading day!

Most of major Chinese cities saw home prices decline in November and property developers remained reluctant to buy land amid sluggish home sales and sector-wide liquidity crunch.

Average new home prices in China's 100 major cities was around 16,183 yuan per square meter in November, falling slightly by 0.04% from the previous month, and rising by 2.7% from a year earlier, narrowing by 0.36 percentage point from the growth . . .

 

 

SIGN IN  OR SUBSCRIBE TO GET UNLIMITED ACCESS. 

Top