China’s April New Home Prices See Slower Gains: Private Survey

China’s April New Home Prices See Slower Gains: Private Survey
Under-construction apartments are pictured from a building during sunset in the Shekou area of Shenzhen, in Guangdong province, China, on Nov. 7, 2021. David Kirton/Reuters
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BEIJING—China’s April new home prices grew at a slightly slower pace compared with March gains, a private survey showed on Sunday, with policy-easing moves by local authorities yet to significantly revive buying sentiment.

New home prices in 100 cities rose 0.02 percent from a month earlier, easing from the 0.03 percent gain in March, according to survey data from China Index Academy, one of the country’s largest independent real estate research firms.