China new home prices manage tiny uptick again in September, private survey shows

Quick Summary:

BEIJING: Prices of new homes in China rose slightly in September, traditionally a peak season for house hunting, a private survey showed on Tuesday, extending months of feeble gain in a crisis-hit market that has worried the country's leaders.

The southern metropolis of Guangzhou on Sunday became the first top-tier city to lift all restrictions on home purchases.

"The key to making a real difference is to provide greater fiscal funding for the purchase of unsold homes".

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Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Property Real estate /Business/Business News Developers Property

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 11:35:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 350 words

Reading Time: 2 minutes read

Sentences: 16 lines

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Copyright Owner: © The Star

News ID: 22826465

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