China new home prices grow slightly faster in October, private survey shows

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BEIJING: Prices of new homes in China rose at a faster pace in October, traditionally a peak season for house hunting, a private survey showed on Friday (Nov 1), suggesting that recent support measures could be having some early impact in a crisis-hit market.

The average price across 100 cities edged up 0.

"The surge in top-tier cities may merely be the result of pent-up demand in response to those easing measures.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Market China Cent Average Property Rose Survey Showed Cities Measures Homes

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 09:42:27 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23359621

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Main Topics: EconomyBusiness

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