Source: CCTV.com

12-10-2008 11:07

Special Report:   House Market under New Policy

China's property price growth dropped to three year low in November. Figures from the country's top economic planner on Tuesday showed that property prices in 70 major Chinese cities rose 0.2 percent from a year earlier. That's 1.6 percentage points lower than in October. And also a sharp drop from January's 11.2-percent growth.

The National Development and Reform Commission also said housing for low-income people in major cities was priced 0.6 percent higher than the same month last year.

In addition, new home prices in Shenzhen, Nanjing and Xiamen dropped 2.4 percent, 2.2 percent and 2.9 percent respectively in November, compared with October.

 

Editor:Xiong Qu