New home prices in May rose 0.1% month-on-month, slower than a 0.4% gain in March, according to Reuters calculations based on National Bureau of Statistics data. — Reuters
BEIJING: China’s new home prices rose for the fifth straight month in May, but at a slower pace, official data showed yesterday, as the government looks to shore up the crisis-hit property sector.
New home prices in May rose 0.1% month-on-month, slower than a 0.4% gain in March, according to Reuters calculations based on National Bureau of Statistics data.
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