China May new home prices growth fastest in five months

 · Of 70 large- and medium-sized cities surveyed in May, new home prices fell or rose more slowly month on month in 35 of them, up from 31 in April,according to the National Bureau of Statistics.

11.2 per cent in the five months to May. Home prices: New home prices rose by 0.6 per cent in June, lower than the 0.7 per cent lift in May. According to Reuters, prices rose by 10.3 per cent over the year to June, down from 10.7 per cent in May.

The opinions expressed here are those of the author, a columnist for Reuters) * Global aluminium production: https://tmsnrt.rs/32NiNUI * China’s semis exports: https://tmsnrt.rs/2OdV9gU By Andy Home .

 · Nationwide, new home prices in five cities fell from a month ago, an increase of three from May. In the existing home market, 20 cities suffered a retreat in prices, an increase of nine from a month ago. buyer sentiment continued to soften in China in the first half of this year, the bureau said in a.

 · Slowing growth was underscored by a separate report from the Commerce Department on Tuesday showing new home sales dropped 7.8% to a seasonally adjusted annual rate of 626,000 units in May, the lowest in five months. April’s sales pace was revised up to 679,000 units from the previously reported 673,000 units.

BEIJING (Reuters) – China’s housing. debt and ever-rising home prices have deepened fears about a sudden market correction.

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The high-end target of 6.5% GDP growth suggests Beijing has no plan for a 2009-style stimulus package, either. Investors have been daring China to increase stimulus, driving up mainland equity prices.

Of 70 large- and medium-sized cities surveyed in May, new home prices fell or rose more slowly month-on-month in 35 of them, up from 31 in April,according to the National Bureau of Statistics.

first five months of 2016, new listings rose 2.2% from May to June. Combined with the easing in home resales, this rise in new listings con-tributed to lower the sales-to-new listings ratio at the national level from 0.65 in May to 0.63 in June. That being said, the ratio remains above the

The Ultimate Truth about Housing Affordability Based on historic home affordability data, that means homes are more affordable right now than any other time besides the time following the housing crisis. With mortgage rates remaining low and wages finally increasing, we can see that it is MORE AFFORDABLE to purchase a home today than it was last year!

While still small, the growth in sales of new-energy vehicles remains very strong. In May, new energy vehicle sales grew 141.6% to 328,000 units. The first five months saw sales soar 124.7% year.