BEIJING – China continued to see its housing market in April, with second- and third-tier cities recording lower space prices, according to the National Bureau of Statistics (NBS) on Wednesday.
New home prices in four major cities (Beijing, Shanghai, Shenzhen and Guangzhou) rose 0. 2% month-on-month in April, moderating problems from 0. 1% from March, according to NBS data.
In total, 31 second-tier cities recorded a 0. 1% monthly decrease in new home prices, while 35 third-tier cities recorded a 0. 6% monthly decrease in new home prices.