China's home prices slightly retreat in December
Source: Xinhua | 2022-01-16
China continued to see a generally stable housing market in December 2021, with home prices in 70 major cities showing slight month-on-month decreases, official data showed Saturday.
New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- edged down 0.1 percent month on month in December, according to data from the National Bureau of Statistics.
A total of 31 second-tier cities saw a month-on-month decrease of 0.3 percent in new home prices, while those in 35 third-tier cities also fell 0.3 percent last month.
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