China's new home prices grew at a slower pace of 0.02% in April

Posted on May 11, 2022   |  

• New home prices in 100 cities increased by 0.02% compared to a month ago, down from a 0.03% gain in March.
• In 2022, over 80 cities have taken steps to boost demand after China's property market slowed sharply in 2021 due to Beijing's crackdown on high leverage in the sector.