NBS: New house prices in first-tier Chinese cities increase in April

Friday, 17 May 2019 11:09:12 (GMT+3)   |   Shanghai
       

In April this year, of 70 major Chinese cities surveyed, new house prices in first-tier cities increased by 4.7 percent year on year, while the new house prices in first-tier cities were up 0.6 percent month on month. Meanwhile, in second-tier cities the year-on-year growth rate of new house prices in the given month was 0.1 percentage point higher compared to the March growth rate, as announced by China's National Bureau of Statistics (NBS).

In China’s first-tier cities, prices of second-hand house prices in April saw a year-on-year rise of 0.8 percent, 0.3 percentage points higher compared to the year-on-year growth rate recorded in March. In second-tier cities, the year-on-year growth rate of second-hand house prices in April was 0.1 percentage point higher compared to the year-on-year growth rate recorded in March. 


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