In July 2018, housing prices in the four largest cities of China increased by 0.2% compared with June, when the growth was registered at 0.6%, according to the Office for National Statistics. The price of new buildings in Beijing increased by 0.2%, in Guangzhou - by 0.6%, in Shenzhen - by 0.5%. At the same time, new buildings in Shanghai fell in price by 0.1%. Compared with July 2017, prices for new housing in these four cities increased by an average of 0.2%. On the secondary market, the annual price increase was 0.5%. New buildings in 31 large cities of China in July rose in price by 1.1% compared to the previous month. The increase in prices in the next 35 cities of China was 1.5%.
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