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China's home prices still climbing in May despite market curbs

While prices in biggest cities are levelling off, regions seeing upward price pressure

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Prices for new homes in China's biggest cities such as Beijing and Shanghai stopped climbing in May on a monthly basis, while prices fell 0.6 per cent in Shenzhen, the fastest seen in three months.

Beijing

HOME prices levelled off in China's biggest cities in May but continued to climb nationwide, indicating demand remains resilient despite a series of government measures to keep the market from overheating.

Firm price gains highlight the challenge Chinese authorities face in

sentifi.com

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