China home prices barely fall in sign of hope for builders

Improved market: A pedestrian passes unfinished apartment buildings in Shanghai. Home prices have begun to pick up across China’s national hubs and regional economic centres. — Bloomberg

CHINA’S home price declines eased for a second month in January, offering a rare glimmer of hope to the embattled property sector.

New home prices in 70 cities, excluding state-subsidised housing, fell 0.04% last month from December, when they dropped 0.28%, National Bureau of Statistics figures showed. Prices in large cities rose.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

China , home prices , builders , housing ,


Next In Business News

High expectations
The global port race: Will Malaysia keep up?
Divergent views on economic prospects
Uplifting local agriculture
Addressing the ripple effect of higher wages
Identifying opportunities for 2024
India economy to exceed growth estimates
OCBC sues money laundering suspect for US$15mil
Asia factory activity weakens, uncertainty on China clouds outlook
Results on track

Others Also Read