More cities post home price declines in October

发布: 2011-11-26 02:32 | 作者: kaspp | 来源: 北美中医网--www.natcm.com

BEIJING, Nov. 18 (Xinhua) -- More Chinese cities posted monthly home price declines in October following the government's campaign to calm the runaway property market.

In October, 34 cities in a statistical pool of 70 major cities saw declines in new home prices from September, compared with 17 in September, the National Bureau of Statistics (NBS) said Friday.

New home prices in 20 cities stayed flat last month看護師 求人 from September, and the growth rates of home prices in the other cities were all below 0.2 percent, according to an NBS statement on its website.

On a year-on-year basis, two cities -- Wenzhou and Ningbo in eastern China's Zhejiang Province -- out of the 70, saw prices decline in October, compared with one in September. Gains of new home prices eased in 59 cities, the statement said.

Prices of new homes in the four top cities, including Beijing, Shanghai, Guangzhou and Shenzhen, saw month-on-month price drops after staying unchanged for three months.
New homes are defined as new commercial residentialおせち apartments excluding affordable housing, according to the statement.

Prices of existing homes fell in 38 cities in October, an increase of 13 cities from September, while those in 19 cities stayed flat, according to the statement.

Since April 2010, China has imposed a raft of measures aiming to calm property prices. They include higher down payments, limits on the number of houses that people can own, the introduction of a property tax in some cities and the construction of low-income housing.

NBS spokesman Sheng Laiyun said last month that the government's efforts had achieved positive results.

China's property sector is about to experience a large 結婚相談所correction for the first time because of government curbs, Ba Shusong, an economist with the Development Research Center under China's State Council, said in a report released Tuesday. A reshuffle among developers is inevitable, he said.