China's home prices remain stable in December

0 Comment(s)Print E-mail Xinhua, January 16, 2019
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BEIJING, Jan. 16 (Xinhua) -- Home prices in major Chinese cities largely remained stable in December as local governments continued to toughen up control of the housing market, official data showed Wednesday.

On a monthly basis, new house prices in China's four first-tier cities - Beijing, Shanghai, Shenzhen and Guangzhou - rose 1.3 percent in December, up 1 percentage point from the previous month, the National Bureau of Statistics said in a statement.

Meanwhile, resold house prices in the four cities continued to drop last month, dipping 0.3 percent on average. Enditem

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