China's Home Price Rise Continues to Slow-Shanghai Metals Market

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China's Home Price Rise Continues to Slow

Industry News 11:04:05AM Jun 18, 2013 Source:SMM

Updated: 2013-06-18 (Xinhua) - New home prices continued to see slower rises in Chinese cities last month, signaling that the government's recent tightening measures were showing effects, according to official data released Tuesday.

Of a statistical pool of 70 major Chinese cities, 65 cities saw month-on-month home price rises in May, down from 67 cities in April, the National Bureau of Statistics said in a statement on its website.

According to the NBS, 34 cities in May registered slower month-on-month price rises for new homes from a month earlier.

 

Price

more
Aluminum Ingot
Oct.17
13960.0
80.0
(0.58%)
Aluminum Ingot - Fo Shan
Oct.17
13930.0
90.0
(0.65%)
Aluminum Ingot - Wu Xi
Oct.17
13980.0
90.0
(0.65%)
Aluminum Ingot - Hang Zhou
Oct.17
13985.0
80.0
(0.58%)
Aluminum Ingot - Chong Qing
Oct.17
13920.0
80.0
(0.58%)

China's Home Price Rise Continues to Slow

Industry News 11:04:05AM Jun 18, 2013 Source:SMM

Updated: 2013-06-18 (Xinhua) - New home prices continued to see slower rises in Chinese cities last month, signaling that the government's recent tightening measures were showing effects, according to official data released Tuesday.

Of a statistical pool of 70 major Chinese cities, 65 cities saw month-on-month home price rises in May, down from 67 cities in April, the National Bureau of Statistics said in a statement on its website.

According to the NBS, 34 cities in May registered slower month-on-month price rises for new homes from a month earlier.