Market Chatter: China's New Home Prices Grow Faster in November

MT Newswires Live
02 Dec 2024

New house prices in China accelerated in November, faster than the previous month's growth, Reuters reported Sunday, citing data from property researcher China Index Academy.

The average home prices in 100 cities grew 0.36% from 0.29% in October, according to the data.

On a year-on-year basis, it also jumped 2.40% in November compared to the 2.08% increase in the previous month.

The National Bureau of Statistics of China will publish official house prices on Dec. 16, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10