China's housing prices see slight month-on-month growth in August
Source: Xinhua | 2020-09-15
China's housing market remained generally stable in August, with slight month-on-month growth in home prices in major cities, official data showed Monday.
New home prices in four first-tier cities -- Beijing, Shanghai, Guangzhou and Shenzhen -- rose by 0.6 percent month on month in August, up 0.1 percentage points from a month earlier, according to data from the National Bureau of Statistics.
On a monthly basis, new home prices edged up 0.6 percent in 31 second-tier cities, and rose 1 percent in 35 third-tier cities.
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