Source: National Bureau of Statistics, ChinaScope Financial (Data)
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Today, the National Bureau of Statistics (NBS)
released June data on housing prices in 70 medium and large-sized cities.
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Compared with last month, new commodity
residential property prices fell in 21 cities in June, remained unchanged in 24
cities, and increased in 25 cities. The growth rates of prices in the 25 cities
with price increased were all lower than 0.6%.
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In terms of resale residential housing prices,
June saw month-on-month declines in 19 cities, no change in 20 cities, and
increases in 31 cities. The growth rates of prices in the 31 cities with
increases were all lower than 1.1%.
The
average price of resale housing dropped month-on-month in 19 out of 70 cities
in June.
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