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Home price rise continues to slow in June
六月份房價上漲速度放緩
Data from the National Bureau of Statistics show that new home prices rose at a slower pace in Chinese cities in June.
Of a statistical pool of 70 major Chinese cities, 63 saw new home prices increase month on month in June, down from 65 citiesa month earlier. This is the third straight month housing prices have gone up in China.
In June, home price in 2 cities stay unchanged, and 5 cities saw a month-on-month price drop.
In June, the highest price increase rate stay at 2.4%. On a year-on-year basis, 69 cities registered rising prices with thehighest growth rate stands at 16.7 percent, And one city saw price drop. For second-hand houses, prices rose in 55 cities month on month in June.
