China Experiences Ninth Consecutive Month of Increased Home Prices

Quick Summary:

Last month, China announced "historic" steps to stabilise the sector, with the central bank easing mortgage rules and facilitating $140 billion in extra funding

The post China’s New Home Prices Edge Up For Ninth Consecutive Month appeared first on Asia Financial.

Beijing has since struggled to boost home sales or increase liquidity and taken a series of stimulus and easing measures.

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Article Details

Author / Journalist: Vishakha Saxena

Category: InvestingBusiness

Markets: Hong KongChina

Topics: New Home Prices China Property Debt China Property Market Asia AF China Bond 50 Index China Real Estate Developers North Asia Chinese Real Estate Markets Real Estate Regions Market Insights

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-02 @ 14:57:14 (4 weeks ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 287 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 21127011

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 2 days ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #86

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