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Economy And The Numbers

China's House Prices Increase In July

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

House prices in China increased marginally in July from a month earlier, according to a report published by the National Bureau of Statistics on Saturday.

Out of the 70 major cities surveyed by the NBS, 50 cities recorded a month-on-month increase in prices. House prices in 9 cities declined during the month, while that in 11 cities remained at previous month's level.

Among the major cities, price growth was recorded in Beijing and Guangzhou on a monthly basis, while prices remained unchanged in Shanghai.

On an annual basis, prices decreased in 58 cities, while 11 cities recorded increase.

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