In China, the price of new residential prices in March is written down to a new high o

In order to promote economic recovery, China officially introduced policies to support housing demand.In this context, China's new residential price growth rate in March has written a 21 -month high.

The results of the latest data released by the National Bureau of Statistics of China on Saturday (April 15), Reuters showed that the price of new homes in February increased by 0.3%in February.The increase of 0.5%, the fastest growth rate since June 2021, is also the third consecutive month.

China's new residential prices in March fell by 0.8%year -on -year, which has fallen for the 11th consecutive month.In February, the price of new residential houses in China fell 1.2%year -on -year.

China's official debt situation of real estate developers last year caused a financial crisis, which led to the suspension of building construction projects, which severely frustrated the Chinese property market.Some buyers are unwilling to repay house loans, and strict epidemic prevention measures have further weakened consumer emotions.

After fully lifting the epidemic prevention measures in December last year, the demand for Chinese housing with a long backlog was released. The residential sales of residential houses in major cities have rebounded in the past month.

The Chief Statistics Division of the National Bureau of Statistics of China, the National Day of the National Day, explained the statistics of the change in the sales price of commodity housing in March 2023. In March, the sales price of commercial housing in 70 large and medium cities in China roseThe number of cities has increased, the sales prices of commercial housing in various tier cities have risen month -on -month. The sales prices of commercial housing in first -tier cities have risen year -on -year, and the decline in second- and third -tier cities has narrowed year -on -year.

Reuters reports that Chinese officials will announce monthly reports of fixed asset investment (excluding farmers) and real estate development and sales on Tuesday (18th), as well as data such as domestic GDP (GDP) in the first quarterEssence