China Housing April 2016

China

China: Increase in house prices hits an all-time high in April

May 18, 2016

House prices in 70 large- and medium-sized cities rose 1.2% in April over the previous month, according to a weighted average index calculated by Thomson Reuters from data issued by the National Bureau of Statistics (NBS). The print overshot the 1.1% increase tallied in the previous month and marked the highest reading since records began in January 2011. According to the NBS, the sale prices of newly-constructed residential buildings declined in five cities and increased in 65 cities.

Compared to the same month of the previous year, house prices jumped 6.2% in April. The print came in well above the 4.9% increase tallied in March and thereby marked the highest level in two years. As a result of the continued upward trend in prices that has been observed since May 2015, annual average variation in house prices in April swung from minus 0.8% in March to plus 0.2%.


Author: Ricard Torné, Lead Economist

Sample Report

Looking for forecasts related to Housing in China? Download a sample report now.

Download

China Housing Chart


China House Prices April 2016

Note: Month-on-month changes of the price index of newly constructed residential buildings in 70 large and medium cities and year-on-year variation in %. The index is calculated as a weighted average based on the population of the 70 cities.
Source: National Bureau of Statistics of China (NBS) and Thomson Reuters.


China Economic News

  • China: Inflation slows in November

    December 10, 2018

    Consumer prices fell 0.3% from the previous month in November, contrasting October’s 0.2% increase and marking the lowest print in eight months.

    Read more

  • China: Manufacturing sector slows to a standstill in November, PMI inches down to over two-year low

    November 30, 2018

    The manufacturing purchasing managers’ index (PMI) published by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP) edged down to an over two-year low of 50.0% in November from 50.2% in October, undershooting market expectations of a stable 50.2% reading.

    Read more

  • China: Growth in house prices inches up in October

    November 15, 2018

    House prices in 70 large- and medium-sized cities rose 1.0% in October in month-on-month terms according to a weighted average index calculated by Thomson Reuters from data issued by the National Bureau of Statistics (NBS).

    Read more

  • China: Industrial production growth inches up in October

    November 14, 2018

    Industrial production expanded 5.9% year-on-year in October, up from a 5.8% rise in September and overshooting market expectations of 5.8%. October’s print mainly reflected faster growth in the mining and manufacturing sectors, while the dynamics in the production and distribution of electricity, heating power, gas and water softened compared to September. On a month-on-month basis, industrial production increased 0.48% in seasonally-adjusted terms in October, unchanged from September’s expansion.

    Read more

  • China: Investment growth accelerates to four-month high in October

    November 14, 2018

    Urban fixed asset investment expanded 5.7% annually in the first 10 months of the year, up from the 5.4% increase in the first 9 months of the year.

    Read more

More news

Search form