Fall in Chinese home prices moderates in April

The pace of the fall in Chinese property prices moderated in April, supporting growing optimism that the housing downturn may have turned a corner. Prices os new homes across 70 cities in the world’s second largest economy fell 6.1 percent in April from the year-ago period, unchanged from March, according to Reuters’ calculations of data […]

manager No Comments May 18, 2015 3:06 pm

China: Housing Market Posts First Growth of Year

Housing sales rise in April, only the second year-over-year increase since November 2013 SHANGHAI—China’s housing sales showed signs of a turnaround in April, posting growth of more than 10% after falling in 15 of the previous 16 months, as home buyers waded back into the market following recent policy-easing measures by the central government. While […]

manager No Comments May 14, 2015 10:30 am