Home / English Column / Business (new) / In Industry / Real Estate Tools: Save | Print | E-mail | Most Read
Average House Prices Drop 0.6%
Adjust font size:

The Chinese Ministry of Construction said Monday the average housing prices in China's 70 major and medium-sized cities dropped by about 0.6 percent on a month-to-month basis since early July of 2005.

Input in real estate projects surged by 21 percent, down 7 percentage points, the ministry said at an annual national meeting on construction.

Speculative housing demand in the country has been curbed, and housing shortage has been eased to some extent in the cities of Shanghai and Hangzhou, both in east China, said the ministry.

(Xinhua News Agency December 26, 2005)

Tools: Save | Print | E-mail | Most Read

Related Stories
Property Price Falls in October
Real Estate Prices Rise 12% in Shenzhen
Housing Supply Up 40% in Shanghai
House Price Rise Slows down in Beijing
Shenzhen's Property Prices Increase 12.05%
SiteMap | About Us | RSS | Newsletter | Feedback
Copyright © China.org.cn. All Rights Reserved     E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号