China's new home prices fall 4.3% in Dec
However, property sales volumes in 70 major cities hit highest level in 2014, up nearly 9% from November
Beijing
CHINA'S new home prices fell significantly in December for a fourth straight month even as year-end sales volumes surged - a sombre omen for fourth-quarter 2014 economic growth data due out later in the week.
Sunday's gloomy National Burea of Statistics' data foreshadowed weak economic figures set for Tuesday, with expansion expected to slow to 7.2 per cent, the weakest since the depths of the global financial crisis.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Airbnb promises to combat sex work in rentals during Paris Olympics
Hong Kong property deals hit three-year high in April
More homes planned in Media Circle to support housing demand
Qatari Sheikh sells London mansion to fellow royal for £39 million
Toronto home sales fall for third month in April; prices rise
Far East Shopping Centre owners in private talks after close of S$928 million en bloc tender