empty
 
 

2020.05.1807:38:00UTC+00China Home Prices Increase In April

China's home prices increased in April suggesting that the property market started gradual recovery as businesses reopen after the spread of coronavirus subsides.

Out of 70 cities, house prices increased in 50 compared to 38 cities in March, data published by the National Bureau of Statistics showed Monday.

According to preliminary estimate, house prices in first-tier cities rose 0.2 percent. House prices decreased 0.3 percent on month in Beijing and remained flat in Shenzhen and Guangzhou. Meanwhile, prices gained 0.6 percent in Shanghai.

The sales prices of newly built commercial housing in 31 second-tier cities rose by 0.5 percent month-on-month and that in 35 third-tier cities climbed 0.6 percent.

Data showed that house prices fell 0.2 percent in Wuhan, the epic center of coronavirus outbreak.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback