SMM News: the National Bureau of Statistics said on May 16 that in April, all localities further implemented the long-term regulation and control mechanism of city policy, one city, one policy, and the main responsibility of the city government, and the real estate market basically continued to be stable. Sales prices of new commercial housing in four first-tier cities rose 0.6 percent from the previous month, an increase of 0.4 percentage points over the previous month. Of these, Beijing, Shanghai, Guangzhou and Shenzhen rose 0.5 per cent, 0.3 per cent, 1.1 per cent and 0.4 per cent, respectively. The price of second-hand housing sales rose 0.4% from the previous month, an increase of 0.1% over the previous month.
Bureau of Statistics: sales prices of new commercial housing in first-tier cities rose 0.6% month-on-month