In the first three months of this year, rental yield, mainly used to gauge property incomes, kept generally stable in 50 cities to stand at 2.4 percent, according to a report released by E-house China R&D Institute.
The report also noted that the rent prices in 50 cities saw 1.2-percent uptick quarter on quarter, with housing price up by 1.6 percent from one quarter earlier.
On a quarter-on-quarter basis, the rental yield rate in first-tier cities contracted 0.04 percentage points during the period, while the reading in second-tier cities rose 0.02 percentage points. The third- and fourth-tier cities dipped by 0.03 percentage points.
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