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China's Home Prices Rise in Fewest Cities Since January 2016

  • Values gained in 44 cities in September, versus 46 in August
  • Home sales data showed first year-on-year drop in 30 months
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China Sept. New Home Prices Rise in 44 of 70 Cities

Bloomberg News
Updated on

China home prices rose in the fewest cities since January 2016, adding to signs of a property slowdown as curbs on buyers bite.

New-home prices, excluding government-subsidized housing, in September rose in 44 of 70 cities tracked by the government, compared with 46 in August, the National Bureau of Statistics said on Monday. Prices fell in 18 cities from the previous month and were unchanged in eight.