New home prices in China grew at a steady pace in September, with fewer cities r...
BEIJING - New home prices in China grew at a steady pace in September, with fewer cities reporting price gains, a relief for policymakers who remain wary of high debt and bubble risk and are refraining from stimulating the sector as the economy cools.
Home prices in September rose 8.4% from a year earlier, slowing from an 8.8% gain in August, and the slowest since September last year. Slower price gains are partly due to developers cutting prices to attract buyers in September just ahead of the week-long National Day holiday, a peak sales season, said Yan Yuejin, director of the Shanghai-based E-house China Research and Development Institution.
As local governments are given more autonomy in policymaking, price trends have been mixed, with some cities showing signs of rapid cooling while others are still plagued with overheating risks.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
China disposed of 1.4 trillion yuan bad loans in January-SeptemberChina's banking and insurance regulator's vice chairman, Huang Hong, s...
Consulte Mais informação »
China Sept home price growth flatlines, fewer cities see price gainsNew home prices in China grew at a steady pace in September, with fewer cities r...
Consulte Mais informação »
China tariff deal was easy compared to the EU's bazooka-proof trade wallsA tough and uncompromising U.S. approach to its EU trade is in order, writes Dr Michael Ivanovitch.
Consulte Mais informação »
India Sees Opportunity in Trade Fight: Luring Big Companies From ChinaIndia is making a push to get Apple and other big brands to switch production to India as the risks of manufacturing in China rise with trade tensions.
Consulte Mais informação »
China Box Office: 'Maleficent' Pulls Off Upset Over 'Gemini Man'Despite backing from Chinese conglomerate Fosun, which has an equity stake in the film, Ang Lee and Will Smith's 'Gemini Man' failed to achieve a hoped-for save in China.
Consulte Mais informação »
China unexpectedly keeps LPR lending benchmark unchanged in OctChina on Monday unexpectedly kept unchanged its new benchmark lending rate, for ...
Consulte Mais informação »