Last month, China announced "historic" steps to stabilise the sector, with the central bank easing mortgage rules and facilitating $140 billion in extra funding

Average new home prices across 70 key cities were steady month-on-month, after a 0.1% drop in May and a 0.2% decline in April, data showed

New home prices in 100 cities rose 0.04%, up from a 0.03% gain in May, according to data from China Index Academy, one of the country's largest independent real estate research firms

Among 70 large and medium-sized cities, 46 saw a year-on-year decrease in prices for new homes, up from 39 in April

Data from 100 cities indicated that overall home prices rose 0.03%, compared with a 0.02% gain in April, according to survey data from China Index Academy

Prices in the world's most unaffordable housing market climbed 0.5% in April from the earlier month, compared with a revised 0.6% fall in March, official data showed.

Average new home prices in 70 major cities fell 0.2% on a month-on-month basis, compared with zero growth in March, according to Reuters calculations

Prices for the construction of new dwellings increased 18% in the March 2022 quarter, the largest increase recorded since the series began in 1985

Average new home prices in China's 70 major cities remained unchanged month-on-month in March, the same as in February, according to Reuters' calculations

From a year earlier, new home prices rose 2.0%, the slowest pace since December 2015, and also easing from the 2.3% growth in January

New home prices in 100 cities grew 0.03% from a month earlier in February, following a 0.01% drop in January, according to data from China Index Academy.

Prices rose as efforts to soften the blow from tough regulatory curbs on the sector supported buyer sentiment, particularly in big cities