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January Dalian new home prices lead the month-on-month increase
According to data from the National Bureau of Statistics, in January, five cities experienced month-on-month increases in new home prices, down by one compared to the previous month. Among them, Dalian had the highest increase at 0.2%. Hefei, Xiamen, Wuhan, and Nanchong each saw a 0.1% rise, tying for second place. Year-on-year, four cities saw increases in new home prices, down by one from the previous month. Shanghai led with a 4.2% increase; Hangzhou followed with 2.4%; and Hefei ranked third with a 1.6% rise. (People’s Financial News)