Home » Business » Real Estate
Residential prices see slower pace of growth
Print Edition
HOME prices in China climbed for the 20th straight month in January, but at a slower pace, according to a latest report released by the China Index Academy.
The average price of new homes in 100 cities nationwide gained 0.63 percent from December to 10,901 yuan (US$1,799) per square meter last month, the academy said. In December and November, the price added 0.7 percent and 0.68 percent respectively.
“Housing prices in the majority of Chinese cities continued to be rather stable for another month with a narrower growth being registered both monthly and annually,” the academy said.
“Expanded property curbs rolled out in many cities during the last quarter of 2013, coupled with a seasonal impact, jointly led to a cooler market in the first month of 2014.”
The prices in 62 cities nationwide climbed from a month ago, down from 68 in December. The prices in 20 of the cities gained above 1 percent, compared to 19 in December.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
