The prices of new housing in China decreased by 1.1% on an annual basis

The pace of a decrease commercial in 70 large and medium -sized Chinese cities, shrink on an annual basis last July." New housing in the four cities of the first degree, which are Beijing, Shanghai, Guangzhou, and Schesthen, by 1.1% last July, compared to 2024, with a decrease in decline by 0.3 percentage points from last June. For the country, an increase of 6.1% on an annual basis in new last month". The four first -class decreased by 0.2%, compared to last June.

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