China pr iphone screen protector operty prices post record fall in Jan
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China property prices post record fall in JanPublished: 11 Feb 2009 23:50:06 PSTBEIJING, Feb 12 — Chinese urban property prices fell by 0.9 percent in January from a year earlier, the government said on Thursday, the steepest annual decline since official records began in 2005.But the month-on-month decline of 0.2 percent in January was softer than the 0.5 percent fall in December, the National Development and Reform Commission said, offering a measure of optimism that the housing market is near to bottoming out.The property sector is a pillar of the Chinese economy, accounting for about a quarter of all investment, so a sustained downturn in prices would weigh heavily on business activity and feed into the broader deflation threat.The 0.9 percent annual drop in average property prices across 70 large- and medium-sized cities was down from December’s decrease of 0.4 percent, the NDRC said on its website (www.ndrc.gov.vn).The fall in December had been the first annual drop on record since the NDRC, which compiles the data together with the National Bureau of Statistics, began publishing the index in July 2005.Early last year, property prices had been increasing at a double-digit pace on an annual basis. Percent change on:____Year earlier____ ___Month earlier___Jan Dec Nov Oct Jan Dec Nov Oct All property -0.9 -0.4 0.2 1.6 -0.2 -0.5 -0.5 -0.3 New homes -1.4 -0.8 0.2 1.8 -0.3 -0.7 -0.6 -0.3 Existing homes -0.3 -0.1 0.1 0.8 -0.1 -0.3 -0.2 -0.4 Non-residential 0.2 0.8 0.8 2.2 0.1 0.3 -0.8 -0.2キャバクラ 求人 テレクラ autoboss V30 深圳搬家公司 lithium battery 除湿机 翻译公司 实验室家具 Asian Escort london