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China's home prices generally stable in January

BEIJING
2022-02-21 10:07

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BEIJING, Feb. 21 (Xinhua) -- China continued to see a generally stable housing market in January, official data showed Monday.

New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- edged up 0.6 percent month on month in January, according to data from the National Bureau of Statistics.

A total of 31 second-tier cities saw a month-on-month increase of 0.1 percent in new home prices, while 35 third-tier cities witnessed a month-on-month decline of 0.2 percent in new home prices last month.
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