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17

China’s Home-Price Gains Spread as Easing Measures Spur Demand

By Tony Seruga

New-home prices climbed in 62 cities in March, 47 in February
Some first-tier cities tightened home-buying rules last month

China’s home-price gains accelerated last month as the nation’s economic hubs such as Beijing, Shanghai and Shenzhen continued to lead the way amid surging liquidity that underpinned demand.

New-home prices excluding government-subsidized housing climbed in 62 cities, compared with 47 in February, among the 70 cities tracked by the government, the National Bureau of Statistics said Monday. They dropped in eight cities, compared with 15 a month earlier…

China’s Home-Price Gains Spread as Easing Measures Spur Demand

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