China May new home prices growth fastest in five months

Average new home prices in China’s 70 major cities rose 0.7% in May from the previous month, picking up from a 0.6% rise in April and the quickest pace since December, according to Reuters calculations based on National Bureau of Statistics (NBS) data on Tuesday. That marked the 49th straight month of price gains.

New home prices in China awaken at their fastest pace in five months in May, complicating government efforts to keep frothy housing markets covered by control as it rolls out more stimulus for the slowing economy.

Yan, who makes roughly 6,000 yuan a month working for a local. Adding to the downbeat mood, China's economic growth in 2018 was the slowest since 1990.. This may be of particular concern this year as the country marks the. a 5% fall in housing prices would take away 7.8% of the actual asset.

Half of China’s newborns in 2018 second children About half of China’s 15.23 million newborns in 2018 were second children in the family, according to a recent report by the National Health Commission. The country has made steady progress in improving its maternal and child health services, the report says, adding that lactation facilities had been provided in 88.3 percent of public places.

Beijing’s new home prices decreased by an average of 0.1 percent month-on-month. Top Cities stay flat. china’s four top-tier cities – Beijing, Shanghai, Guangzhou and Shenzhen – averaged new home price growth of 0.2 percent from May, slower than the 0.3 percent monthly expansion pace set the previous month.

Average new home prices in China’s 70 major cities rose 0.7 per cent in May from the previous month, picking up from a 0.6 per cent rise in April and the quickest pace since December, according to Reuters calculations based on National Bureau of Statistics (NBS) data on Tuesday.

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US long-term mortgage rates little changed; 30-year at 3.82% 2 Myths Holding Back home buyers 2 myths Holding Back Home Buyers June 10th, 2019 | Buying Myths , Down Payments , First Time Home Buyers , For Buyers , For Sellers , Housing Market Updates , Move-Up Buyers | Freddie Mac recently released a report entitled, "Perceptions of Down Payment Consumer Research."WASHINGTON (AP) – U.S. long-term mortgage rates were little changed this week. The key 30-year, fixed-rate loan hovered around an average 3.8% for the third straight week. Before leveling off, rates marked six straight weeks of declines putting them at historically low levels during this spring’s homebuying season.

Average new home prices in May grew at the fastest rate since December 2018, rising higher for the 49th consecutive month. Home prices rose 0.7% in May YoY, the same rate as in April. Eased credit conditions in recent times have driven the demand for housing higher, keeping new home prices supported.

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Residential buildings in Tongzhou District on May 31, 2017 in Beijing, China.Zhang Peng | LightRocket | getty imagesnew home prices in China rose at their fastest pace in five months in May, complicat. Average new home prices in May grew at the fastest rate since December 2018, rising higher for the 49th consecutive month. Home prices rose 0.7% in May YoY, the same rate as in April.