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25

China Home-Price Gains Hold Steady Amid Further Easing Measures

By Tony Seruga

Home prices rose in 38 cities in January, 39 in prior month
China eased mortgage down payments, cut home taxes in February

New home prices in China rose in January in more than half the cities the government monitors amid moves by authorities to loosen property curbs in regions with a surplus of unsold homes.

New-home prices climbed in 38 cities, compared with 39 in December among the 70 cities tracked by the National Bureau of Statistics. They dropped in 24 cities, compared with 26 in December, and were unchanged in eight, according to a release Friday…

China Home-Price Gains Hold Steady Amid Further Easing Measures

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