China May home prices fall, pace of declines picks up
China May home prices fall, pace of declines picks up
BEIJING (Reuters) - Average home prices in Chinas 70 major cities fell 1.5 percent in May from a year earlier, Reuters calculations based on official data published on Monday showed, and the pace of decline picked up in major cities such as Shanghai. It was the third straight monthly decline on a year-on-year basis since the government imposed strict curbs on property speculation more than two years ago, with the price decline deepening from a fall of 1.2 percent in April. In month-on-month terms, home prices fell 0. ...
//news.yahoo.com/china-may-home-prices-fall-pace-declines-picks-022429026--business.html
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