China’s January Home Price Growth at 9-Month Low as Confidence Dips

China’s January Home Price Growth at 9-Month Low as Confidence Dips
Apartment blocks are pictured during sunset on the outskirts of Tianjin, China on Feb. 2, 2018. Jason Lee/Reuters
Reuters
Updated:

ZHENGZHOU, China—Growth in China’s home prices eased to a nine-month low in January in a further sign that the slowing economy is weighing on consumer confidence.

Weakening price gains point to strains on China’s massive property sector and raise questions over whether more cities will risk loosening restrictions on home buyers.