Friday 2 May 2014

China house price increases slow in April: survey

POLITICAL ECONOMY
China house price increases slow in April: survey
Beijing (AFP) April 30, 2014 - Price rises for new homes in China slowed in April for the fourth straight month, an independent survey showed Wednesday, even as costs in some of the country's largest cities maintained double-digit gains. The average price of a new home in 100 major cities rose 9.06 percent year-on-year in April to 11,013 yuan ($1,759) per square metre, according to the China Index Academy which compiled t ... more


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