Prices of new commercial housing in Nanning rise by 2% from previous month

Date:2018-07-20

Recently, data on price changes of commercial housing in 70 large and medium-sized cities in June was released by National Bureau of Statistics. According to the data, price of new commercial housing in Nanning rose by 2.0% month-on-month, 1.7% higher than that of the previous month, and by 6.7% year-on-year, 1.0% higher than that of the previous month. Sales volume of Nanning's commercial housing declined slightly from January to June this year due to the increase in housing prices, the higher threshold for purchasing houses (offering decorated houses instead of the non-decorated ones as before), the restriction in mortgages, etc.

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