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Housing prices in China's first-tier cities turned lower in October

Housing prices in China's first-tier cities turned lower in October. In October, the number of cities with month-on-month declines in house prices increased slightly. The sales prices of newly built commercial residential buildings in first- tier cities turned from flat in the previous month to a decrease of 10.0%. Second-hand residential properties fell 2.0% month- on-month from a 2. 0% increase in thePrevious month. The number of city where the prices of Newly built commercial housing and second-hand housing increased fell to 67 and 2 respectively. ....

Li Yujia , Shen Yun , Zhang Bo , Guangdong Provincial Urban Planning Institute , China News Service , National Day , China National Bureau Of Statistics , Department Of The National Bureau Statistics , Anjuke Research Institute , Housing Policy Research Center , Reporter Pang Wuji , National Bureau , Durban Department , Research Institute , Mid Autumn Festival , Month On , Ousing Price Trend , Ew Commercial Housing , First Tier Cities , Econd Hand Housing Prices ,