China’s new home prices tumbled at a slower pace at the end of 2021, after hitting a six-year low in November, official data show. According to the latest new home price indices released by the National Bureau of Statistics (NBS) on Jan. 15, new home prices in 70 tracked Chinese cities slipped 0.2 percent month-on-month…
China Nov New Home Prices Suffer Biggest Decline in 6 Years
December 15, 2021
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Business & EconomyChinaChina Business & EconomyeconomyGlobal Real EstateMarketsnational bureau of statisticsnew homeproperty marketreal estate
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Chills over China’s property market spread in November as both home prices and sales slumped to a six-year low, according to official data on Dec. 15. According to the latest new home price indices released by the National Bureau of Statistics (NBS), new home prices in 70 tracked Chinese cities slipped 0.3 percent month-on-month in…
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