China Economics

China Chart Book
21 February, 2011

Revamped data show property prices still rising slowly

Much of the initial reaction to China’s new property price statistics has focused on the fact that property prices are “still rising”. But the median increase in new residential prices among the surveyed cities over the past 12 months was 6.1%, well below the rate at which household incomes have been rising. In only 10 cities has the price of newly-constructed mass market housing risen by more than 10% over the last year. This implies that, apart from in a few hotspots, affordability is improving....

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article

Log in



Follow @CapEconChina

New Book

The Trouble with Europe

by Roger Bootle

"Right on every count"
The Guardian

Buy now on Amazon

Get the App

The Capital Economics app is a new way for clients to keep up to date with our latest research.