Wednesday, 19 February 2020

China’s home-price growth slows as coronavirus seizes economy

Home prices in China are the latest economic metric to take a hit as the country battles to contain the coronavirus outbreak. China’s National Bureau of Statistics reported the average price of new homes in 70 Chinese cities increased 6.45 percent from January 2019, the slowest rate of growth since July 2018, the Wall Street Journal reported. But home-price growth is expected to slow further as the full effects of the coronavirus on the economy



source https://therealdeal.com/2020/02/19/chinas-home-price-growth-slows-as-coronavirus-seizes-economy/

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