+
According
to the November data of the China Real Estate Index, the average price of
residential properties in 100 Chinese cities fell for the third consecutive
month, with the rate of decline accelerating.
+
In
Nov, the average home price in 100 cities was RMB 8,832 per square meter, down
0.28% MOM.
+
Further,
the average home price in China’s 10 major cities was RMB 15,663 per square
meter, down 0.36% MOM.
+
Related
Data: Sector Data of Real Estate
Accompanied by the drops in
average price for 3 consecutive months is a new low of YoY growth in 6 months.
Average sales prices in the 10 big cities all saw negative MoM growth in
November.
Other News Headlines
- CBRC: Green Light for IPO of Qualified City Commercial Banks
- Hua Xia Bank Hopes to Issue RMB30 Billion of SMEs Financial Bonds
- Worst Performing Real Estate Stocks in 2011
- Losses in Aluminum Industry Expected as Input Costs Increase
- China CNR Resumes Operation of Recalled Trains
No comments:
Post a Comment