China’s home prices growth fastest in five months, raises policy challenge – ET RealEstate

China’s slowing housing market and GDP Growth . By Jun Nie and Guangye Cao . The slowdown in China’s real estate sector poses a risk to the country’s near-term GDP growth. To achieve the 7.5 percent growth target for 2014, additional policy stimulus from both the central and local governments will likely be needed.

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China’s House Prices grew 9.6 % YoY in Jul 2019, following an increase of 9.5 % YoY in the previous month. China House Prices YoY Growth data is updated monthly, available from Mar 1999 to Jul 2019, with an average growth rate of 8.0 %. The data reached an all-time high of 25.0 % in Feb 2010 and a record low of -12.6 % in Apr 1999.

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The world’s fastest growing economy. China is the world’s fastest growing economy, with 10.2% average annual GDP growth from 2002 to 2006, including a bumper 13% growth in 2007. However, growth slowed significantly in 2008 to 9%, after the government’s monetary tightening. The economy is expected to expand by 7.5% in 2009, according to.

China’s new home prices accelerated to their fastest pace in almost two years in June, with buyer demand in bigger cities resilient in the face of fresh curbs against speculation, a sign more.

Average new home prices in China’s 70 major cities rose 1 percent in June from a month earlier, higher than the previous month’s reading of 0.7 percent, according to Reuters calculations based on an official survey on Tuesday. The monthly growth was the highest since October 2016 and marks 38 straight months of price gains.

China’s new home price growth slowed in February from the previous month as a raft of government curbs aimed at tempering speculative demand softened prices in the biggest cities, although.

Growth slows for China home prices 10:49 PM ET Wed, 17 May 2017 While growth in second-tier cities has slowed, third-tier cities are experiencing an inflow of liquidity, says Alan Jin, Mizuho.

China Home Sales Growth Drops by Half in August 2015/09/20 by Michael Cole Leave a Comment Home prices in China showed signs of levelling off during August as growth in sales appeared to taper after several months of increase.

China housing price growth edges up in June. rose at the fastest pace in five months in June, however the pace of gains remained near recent multi-year lows and was broadly in keeping with a.

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