Ease in housing prices spreads across nation
By Yao Jing and Hu Yuanyuan | China Daily | Updated: 2014-07-19 07:01
NBS reports declines in 55 major cities for June, up from 35 in May
Among 70 major cities in China, 55 recorded month-on-month price declines for new homes last month, up from 35 in May, the National Bureau of Statistics said in a statement on Friday.
Among the cities gaining, Hohhot, capital of the Inner Mongolia autonomous region, saw the biggest month-on-month rise, which was 0.2 percent. The city ended all restrictions on home purchases at the end of June.
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