04-01-24, 12:38 PM
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#807
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Chief of the Boat
Join Date: Feb 2006
Location: 250 metres below the surface
Posts: 181,344
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China's new home prices rise at fastest pace in over 2-1/2 years, survey shows
Quote:
BEIJING, April 1 (Reuters) - New home prices in China rose at the fastest pace in more than two and a half years in March versus a month earlier, a private survey showed on Monday, driven by a slew of supportive steps to prop up the crisis-hit property sector.
The average new home price across 100 cities rose 0.27% on month in March, the biggest rise since July 2021, showed data from real estate researcher China Index Academy. That compared with a 0.14% on-month gain in February.
https://www.reuters.com/world/china/...ws-2024-04-01/
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