NIFTY 50 22,932.90 Down stock -12.40 (-0.05%)
NIFTY 100 23,368.55 up stock 37.15 (0.16%)
NIFTY 500 20,731.45 up stock 120.05 (0.58%)
NIFTY MIDCAP 50 14,162.75 up stock 166.00 (1.19%)
INDIA VIX 15.42 Down stock -0.25 (-1.56%)
NIFTY MIDCAP 150 18,644.90 up stock 269.05 (1.46%)
NIFTY SMALLCAP 50 7,509.05 up stock 163.05 (2.22%)
NIFTY BANK 49,570.10 up stock 482.80 (0.98%)
NIFTY AUTO 21,809.15 Down stock -9.75 (-0.04%)
NIFTY FMCG 52,360.45 Down stock -120.05 (-0.23%)
NIFTY IT 40,924.25 Down stock -540.10 (-1.30%)
NIFTY MEDIA 1,493.70 up stock 21.05 (1.43%)
NIFTY METAL 8,359.20 up stock 103.60 (1.25%)
NIFTY PHARMA 20,820.00 Down stock -149.20 (-0.71%)
NIFTY PRIVATE BANK 24,778.10 up stock 277.50 (1.13%)
NIFTY REALTY 845.95 up stock 13.90 (1.67%)
NIFTY OIL & GAS 10,045.60 up stock 73.55 (0.74%)
NIFTY COMMODITIES 7,839.00 up stock 57.15 (0.73%)
NIFTY ENERGY 31,198.50 up stock 349.45 (1.13%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)
NIFTY 50 22,932.90 Down stock -12.40 (-0.05%)
NIFTY 100 23,368.55 up stock 37.15 (0.16%)
NIFTY 500 20,731.45 up stock 120.05 (0.58%)
NIFTY MIDCAP 50 14,162.75 up stock 166.00 (1.19%)
INDIA VIX 15.42 Down stock -0.25 (-1.56%)
NIFTY MIDCAP 150 18,644.90 up stock 269.05 (1.46%)
NIFTY SMALLCAP 50 7,509.05 up stock 163.05 (2.22%)
NIFTY BANK 49,570.10 up stock 482.80 (0.98%)
NIFTY AUTO 21,809.15 Down stock -9.75 (-0.04%)
NIFTY FMCG 52,360.45 Down stock -120.05 (-0.23%)
NIFTY IT 40,924.25 Down stock -540.10 (-1.30%)
NIFTY MEDIA 1,493.70 up stock 21.05 (1.43%)
NIFTY METAL 8,359.20 up stock 103.60 (1.25%)
NIFTY PHARMA 20,820.00 Down stock -149.20 (-0.71%)
NIFTY PRIVATE BANK 24,778.10 up stock 277.50 (1.13%)
NIFTY REALTY 845.95 up stock 13.90 (1.67%)
NIFTY OIL & GAS 10,045.60 up stock 73.55 (0.74%)
NIFTY COMMODITIES 7,839.00 up stock 57.15 (0.73%)
NIFTY ENERGY 31,198.50 up stock 349.45 (1.13%)
LEADMINI 188 up stock 0.20 (0.11%)
ZINCMINI 261.25 up stock 0.25 (0.1%)
SILVERMIC 89730 up stock 72.00 (0.08%)
GOLDGUINEA 59188 up stock 50.00 (0.08%)
GOLDM 72900 up stock 28.00 (0.04%)
COTTONCNDY 56540 up stock 20.00 (0.04%)
SILVER 89675 up stock 29.00 (0.03%)
CRUDEOIL 6609 Down stock -237.00 (-3.46%)
NATURALGAS 177.5 Down stock -0.30 (-0.17%)
NATGASMINI 177.5 Down stock -0.30 (-0.17%)
MENTHAOIL 942.2 Down stock -1.20 (-0.13%)
ZINC 260.7 Down stock -0.25 (-0.1%)
ALUMINIUM 220.5 Down stock -0.20 (-0.09%)
LEAD 187 Down stock -0.10 (-0.05%)

Updated 07:33 IST, October 18th 2024

China new home prices fall at the fastest pace since 2015

In annual terms, new home prices were down 5.8 per cent from a year earlier, deeper than a 5.3 per cent slide in August.

Reported by: Thomson Reuters
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Real estate | Image: Unspalsh

China home prices: China's new home prices fell at the fastest pace since May 2015, official data showed on Friday, despite increased efforts to revive the struggling property sector.

In annual terms, new home prices were down 5.8 per cent from a year earlier, deeper than a 5.3 per cent slide in August, according to Reuters calculations based on National Bureau of Statistics (NBS) data.

New home prices were down for the 15th consecutive month, falling 0.7 per cent month-on-month in September, matching a dip in August.

In recent weeks, China has introduced supportive measures, including lower mortgage rates, and eased home purchase restrictions, which have spurred some demand in major cities.

On Thursday, the housing authority announced plans to expand the "white list" of eligible housing projects and increase bank lending to 4 trillion yuan by year-end, in a bid to stabilise the ailing real estate sector.

 

Published 07:33 IST, October 18th 2024