Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

Ministry: China house prices still facing upward pressures 

Send a link to a friend  Share

[June 04, 2014]  ldnDLtagldndateline   BEIJING (Reuters) - Home prices in China are still facing upward pressures in some cities, and the issue of a shortage of housing supply is difficult to solve in the short term, the country's housing ministry said in a statement ahead of a news briefing on Wednesday.

Private surveys showed China's home prices fell slightly in May from the previous month, adding to fresh signs of cooling in a property market that has skirted bubble territory in recent months.

(Reporting by Xiaoyi Shao and Jonathan Standing; Editing by Jacqueline Wong)

[ 2014 Thomson Reuters. All rights reserved.]

Copyright 2014 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

< Top Stories index

Back to top