News X
21 Aug 2017
Strong Annual Growth in Chinese House Prices Continue
Economy
Chinese house price growth remained robust in July, with the sales price of newly constructed commercial residential buildings increasing by 9.3% year-on-year on average across the 70 medium- and large-sized cities monitored by the country’s National Bureau of Statistics. This compares with growth of 9.6% in June. Prices rose on an annual basis in all 70 cities in July, although some saw slightly falls month-on-month.