Jul
16
China’s Home Prices Rose in June at Fastest Pace in 21 Months
By-
Nationwide new-home prices gained 1.1% from previous month
- 63 cities had increases in June, up from 61 in May: release
China’s home prices rose at the fastest pace in 21 months in June even as the government stepped up a campaign against property speculation.
New-home prices in 70 cities tracked by the government gained 1.1 percent from the previous month, according to Bloomberg calculations based on data from the National Bureau of Statistics released Tuesday. That compared with a 0.8 percent increase in May. It was the fourth straight monthly acceleration…
China’s Home Prices Rose in June at Fastest Pace in 21 Months
