Rise in prices of Chinese property after eight months of depreciation

Note: This section contains information in English only.
Source: BBC
After the eight-month long fall, prices for property fractionally grew in 70 China's cities in June. In Beijing the increase of prices was 0.3%, whereas in Shanghai - 0.2%. Most probably the rise was caused by two interest rate cuts by the PBOC in the last months, which presumably encouraged real estate sector to recover.

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