18, 2015 (China Knowledge) – China's
National Statistics Bureau has announced that prices of new residential
properties in 66 out of 70 major Chinese cities decreased month on month in Feb
2015 with decrease not exceeding 1.3%.
saw nearly unchanged prices of new residential properties last month, and
prices in two cities increased sequentially.
annual basis, 69 of the 70 major Chinese cities saw price declines in new
residential properties in Feb 2015. Meanwhile prices in Xiamen remained flat
from a year earlier.
China's resale residential property market, 61 Chinese major cities suffered
price declines last month on a sequential basis.
annual basis, 69 out of the 70 Chinese major cities had price decreases in
resale residential properties last month. Meanwhile, only one city saw growth
in prices in Feb.