| New research has showed China's home prices dropped slightly in April from the previous month as well as from a year ago, indicating the country's property market is cooling at a stable pace.
The China Index Academy (CIA) released its April home prices report on Wednesday, showing the average home price in 100 cities dropped 0.34 percent from March to 8,711 yuan (1,383 U.S. dollars) per square meter. The price is also down 0.71 percent from April of last year...............................................Full Article: Source |