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NBS: New home prices in first-tier cities of China rise a little in May

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In May this year, of 70 major Chinese cities checked, new residence rates in first-tier cities indicated a minor surge of 0.4 percent month on month, 0.2 portion factors quicker than the rise taped in April, as introduced by China's National Bureau of Stats (NBS). In China's second-tier cities, rates of pre-owned homes in May saw a year-ogalvalume steel coil pricen-year decline2Gangya metal4 gauge steel coil of 1.7 percent, 0.7 percentage factors faster than the declining speed recorded in April. In third-tier cities, the year-on-year development rate of pre-owned house costs in May saw a year-on-year reduction of 3.2 percent, 0.7 portion factors faster than the reduction in April.

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