Property price in major Chinese cities rises slower
22/10/2008 17:03
China saw average properties price in 70 major cities up 3.5 percent
year-on-year but down 0.1 percent month-on-month in September, according to data
released today by National Development and Reform Commission and National Bureau
of Statistics.
The year-on-year increase rate was 1.8 percentage points lower
than the August level.
Last month, housing for low-income earners in the
major cities was priced 1.3 percent higher than the same month of last year, or
0.1 percent higher than August. Prices of common commercial housing and luxury
housing went up 3.9 percent and 5.5 percent, respectively, over the year-earlier
level. But the prices were 0.4 percent and 0.3 percent, respectively, lower than
August level.
New housing was priced 3.9 percent higher year-on-year, but 0.3
percent lower month-on-month. The rise rate was 2.3 percentage points
slower.
In the second quarter, average properties price in the 70 cities
gained 9.2 percent on the same period of last year, as against the 11-percent
rate for the first quarter.
Xinhua
|
