China home price growth accelerates as credit growth picks up: Bloomberg

As the economy recovers slowly from the pandemic, National Bureau of Statistics reported strong growth in home prices across 70 major cities across China. New home prices rose 0.56% while prices in the secondary market increased by 0.34%. These surged in prices have prompted policy makers to tightening housing rules in these major cities.

Source: https://www.straitstimes.com/business/property/china-home-price-growth-accelerates-as-credit-growth-picks-up

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