Jan 05 - Residential Housing Price is Decreasing for the Fourth Consecutive Month

Source: 21st Century Business Herald, ChinaScope Financial (Data)

+   Data from the China Index Academy show that the average price of residential housing in 100 Chinese cities has decreased for four consecutive months, reaching a new low in December, 2011.

+   The residential housing prices in ten major cities, including Beijing, are declining at decreasing rates, measured in month-on-month terms.

+   Related Data: Sector Data of Real Estate

The growth rate of average housing price in 100 cities continues its four month declining trend and hits a new low in December.

More cities were experiencing drops in housing price.

For more data of real estate industry and companies, please visit www.chinascopefinancial.com

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