SUBSCRIBERS

China's new home prices grow at fastest rate in two years

New apartment prices in 100 major cities have risen 1.7% since April and are up 10.34% year on year

Thu, Jun 02, 2016 - 5:50 AM

A woman walking past a billboard advertising a new housing complex in Beijing. The country has a huge inventory of unsold new homes.

PHOTO: AFP

Beijing

NEW home prices in China grew at their fastest pace in more than two years in May, a private survey showed, signalling the recovery of a crucial sector in the world's second-largest economy.

After fuelling much of China's spectacular growth in recent decades the property...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.