China May new home prices growth fastest in five months

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In December 2018, the median price paid for a single-family home rose to $788,000, a gain of more than 5 percent. that the new year may bring more options for buyers to consider, but given rising.

Americans’ long-running joke about a Starbucks on every corner may be nearing its end. The coffee behemoth is retrenching in its home market as it contends with sales growth that. revenue in China.

Implications: Strength in income and spending continued in May, on the back of a strong report in April that was revised even higher. Personal income rose 0.5% in May – matching April for the largest one-month jump in 2019 and tied for the second largest monthly increase in more than two years – as interest income and wages & salaries pushed overall incomes higher.

Only recently have rebounds in home prices and construction, factors in prior recoveries, Combined, these impacts may have lowered the growth rate of potential GDP.. Continued reductions to federal spending will slow growth and cap.. Per capita GDP will increase at a rate of 1.9 percent per year, slightly faster than.

At the end of May, there were 189,000 new homes for sale, representing a 4.5-month supply. The median time a new home has been on the market shrunk from nine months.

 · Of 70 large- and medium-sized cities surveyed in May, new home prices fell or rose more slowly month on month in 35 of them, up from 31 in April,according to the National Bureau of Statistics.

In the latest survey the new orders. as the world’s fastest-growing major economy this year, but rising trade tensions between the United States and China may restrain growth, according to a.

Trade growth has plunged and investment has slowed. Manufacturing is. A sharp slowdown in China would hit activity around the world. Private, often risky.

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China’s May new lending drops to $93.6b. China’s new yuan-dominated lending in May shrank to 639.4 billion yuan ($93.6 billion) from 774 billion yuan in April, the People’s Bank of China (PBOC.

 · UPDATE1-China factory growth fastest in 3 months as new orders, output rise – China’s manufacturing sector expanded at the quickest pace in three months in June, buoyed by strong production and new orders, reassuring news for authorities trying strike a balance between deleveraging and keeping the economy on an even keel.