The National Bureau of Statistics of the mainland announced yesterday (23) January 70 major cities house prices, Reuters calculations found that January 70 large and medium-sized cities new commodity residential prices rose 3.9% annually, a slight expansion of the rate of increase, especially a single month rose 0.3%, the largest increase in four months.
Xinhua reported that Yan Yuejin, research director of the think tank center of the E-House Research Institute, pointed out that from the real estate market situation in the first month of 2021, Home prices in first-tier cities rose the most. Since October last year, the first-tier cities, represented by Shenzhen and Shanghai, have been “overheated”, with thousands of people drawing lots for construction cases and second-hand landlords shying away from sales.
Reuters reported that the price index for new residential units rose in 53 of the 70 major cities in January, up 11 from December last year; it was flat in three and down in 14.
New commodity residential sales prices in January in first-tier cities rose 0.6% month-on-month. Second-hand residential monthly rose 1.3%, of which Beijing, Shanghai, Guangzhou and Shenzhen rose 0.9%, 1.3%, 1.4% and 1.7% respectively.
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