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MIL OSI Translation. Region: Peoples Republic of China-China Statistical Information Network-Chinese-

The rise in sales prices of commercial housing in January 2020 remains generally stable

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——Kong Peng, Chief Statistician of the Urban Statistics Department of the National Bureau of Statistics

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In January, localities resolutely implemented the decision-making and deployment of the Party Central Committee and the State Council. They insisted on the positioning of houses for living, not speculation, and did not use real estate as a means to stimulate the economy in the short term. The city’s main responsibility was fully implemented. situation.

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The sales prices of commodity dwellings in first- and first-tier cities increased slightly from the previous month, while the second- and third-tier cities saw steady growth

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According to preliminary estimates, in January, the sales prices of newly-built commercial houses in four first-tier cities rose by 0.4% month-on-month, and the increase rate was 0.2 percentage points higher than the previous month. Among them, Beijing was flat, Shanghai, Guangzhou and Shenzhen rose 0.5%, 0.3% and 0.5% respectively. The sales price of second-hand housing increased by 0.5% month-on-month, and the increase rate increased by 0.1 percentage point from the previous month. Among them, Beijing rose 0.4%, Shanghai rose 0.2%, Guangzhou rose 0.3%, and Shenzhen rose 0.7%. The sales prices of newly-built commercial houses in 31 second-tier cities increased by 0.2% month-on-month, a decrease of 0.1 percentage point from the previous month; the sales prices of second-hand houses remained flat, and rose by 0.1% last month. The sales prices of newly-built commercial housing in 35 third-tier cities rose by 0.4% month-on-month, a decrease of 0.2 percentage points from the previous month; the sales prices of second-hand housing rose by 0.2%, the same increase as last month.

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Commodity residential sales prices in second-tier and first-tier cities rose slightly year-on-year, while second- and third-tier cities continued to fall

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According to preliminary estimates, in January, the sales prices of newly-built commercial houses in first-tier cities increased by 3.8% year-on-year, the same increase as last month; the sales prices of second-hand housing increased by 2.2% year-on-year, an increase of 0.5 percentage points from the previous month. The sales prices of newly-built commercial and second-hand housing in second-tier cities rose by 6.9% and 3.4% respectively year-on-year, and the growth rates dropped by 0.4 and 0.3 percentage points from the previous month, respectively, and both fell for 9 consecutive months. The sales prices of newly-built commercial and second-hand housing in third-tier cities increased by 6.4% and 3.7% respectively year-on-year, and the growth rates were 0.3 and 0.2 percentage points lower than those of the previous month, which were the same or decreased for 10 consecutive months.

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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

MIL Translation OSI