China housing in flux as price recovery tapers off

Published Mon, Jun 20, 2016 · 09:50 PM

    Shanghai

    THE recovery in China's housing market that helped underpin the economy in the first half is showing signs of tapering off.

    New-home prices excluding government-subsidised housing climbed in 60 cities in May, down from 65 in April, among the 70 tracked, the National Bureau of Statistics said on Saturday.