Pursuits
China Home Surge Moderates After More Property Curbs Imposed
- Values gained in 58 cities in April, compared with 62 in March
- Sales growth tapered off, growing at slowest since March 2015
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China home-price growth eased last month after authorities imposed stricter restrictions on property purchases.
New-home prices, excluding state-subsidized housing, gained last month in 58 of the 70 cities tracked by the government, compared with 62 in March, the National Bureau of Statistics said on Thursday. Prices fell in eight cities and were unchanged in four, the data showed.