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18.06.2015 08:35 China’s new home prices rise for the first time in 13 months

 

China's National Bureau of Statistics released its home prices data on Thursday. According to Reuters' calculation, average new home prices in China's 70 major cities rose 0.2% in May from April. It was the first increase in 13 months.

 

 

On a yearly basis, new home prices declined 5.7% in May.

 

 

41 of 70 cities recorded price declines in May, down from 47 cities in April.

 

 

On a year-on-year basis, new-home prices declined in 69 cities in May, same as in April.



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