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MNI BRIEF: China House Price Declines Narrow In January

MNI (BEIJING) - New commercial residential sales prices in first-tier cities fell by 3.4% year-on-year in January, narrowing from December’s 3.8% y/y decline, data from the National Bureau of Statistics showed on Wednesday.

Second-tier cities’ new commercial residential sales prices fell 5.0% year-on-year, 0.4 percentage points narrower fall than the previous month.

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MNI (BEIJING) - New commercial residential sales prices in first-tier cities fell by 3.4% year-on-year in January, narrowing from December’s 3.8% y/y decline, data from the National Bureau of Statistics showed on Wednesday.

Second-tier cities’ new commercial residential sales prices fell 5.0% year-on-year, 0.4 percentage points narrower fall than the previous month.

Keep reading...Show less