Mainland China: Property prices up 5.3% in August
Property prices in 70 major Chinese cities rose 5.3 percent year-on-year in August, compared with 7.0 percent in July, the National Development and Reform Commission said.
In a statement posted on its website, the commission said prices of new residential property rose 6.2 percent year-on-year in August, down 1.7 percentage points compared to July’s growth.
Cities where property price growth exceeded [...]
Filed under: China Property Market by CSMR
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