SHIJIAZHUANG, May 18, 2016 (Xinhua) -- Photo taken on May 17, 2016 shows residential building projects in Shijiazhuang, capital of north China's Hebei Province. China's property sector continued to recover in April, with more cities reporting month-on-month rises in new home prices, an official survey showed Wednesday. Of 70 large and medium-sized cities surveyed in April, 65 saw new home prices climbing month on month, up from 62 in the previous month, the National Bureau of Statistics (NBS) said. (XinhuaMo Yu)
BEIJING, July 18 (Xinhua) -- China's property sector continued to recover but at a slower pace in June, with fewer cities reporting month-on-month rises in new home prices, an official survey showed Monday.
Of 70 large and medium-sized cities surveyed in June, 55 saw new home prices climb month on month, down from 60 the previous month, the National Bureau of Statistics (NBS) said.
Meanwhile, 10 cities reported month-on-month price declines, up from four in May, according to the NBS data.
On a yearly basis, 57 cities posted new-home price increases and 12 reported falls in June, compared with 50 and 18 in May.
New-home prices soared 47.4 percent year on year in the southern city of Shenzhen, the sharpest increase in June among all the major cities. But the growth was milder than the 54 percent jump registered in May.
Prices in the top-tier cities of Shanghai, Beijing and Guangzhou rose 33.7 percent, 22.3 percent, and 19.4 percent year on year, respectively.
The northeastern city of Jinzhou saw the steepest price decline of 3.5 percent over a year earlier.
For existing homes, 48 cities reported month-on-month price increases in June and 14 reported lower prices, compared with 49 and 13 in May.
The housing market started to recover in the second half of 2015 after cooling for more than a year, boosted by government support, which included interest rate cuts and lower deposit requirements.
The sector's recovery, however, has been uneven from city to city, with economically-strong areas reporting drastic price rises, and less developed areas still reporting huge inventories of unsold houses.
The contrasting picture has prompted local authorities to take different approaches: Shenzhen and Shanghai have tightened policies to curb speculative purchases and contain bubble risks, while third- and fourth-tier cities are exploring new ways to spur sales.
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DAR ES SALAAM, May 5 (Xinhua) -- Tanzanian Prime Minister Kassim Majaliwa said on Thursday the government was assessing the magnitude of food shortage caused by heavy rains.
"The government is ready to assist people whose food crops were destroyed by the rains," Majaliwa told the National Assembly in the country's political capital Dodoma.
The Premier said his office through the Disaster Management Department was assessing the situation to establish the impact of the rains to food crops.
"Our directive is that all affected districts are to report to regional authorities and the regional authorities should brief the Disaster Management Department on what food supplies are needed," said the Prime Minister.
He urged people leaving in flood-prone areas, especially in river valleys to vacate the areas since the heavy rains were expected to continue throughout this month and might cause flash floods.
Heavy rains in the east African nation that started last month have killed at least 15 people, leaving tens of hundreds homeless after their houses were destroyed. The rains recorded throughout the country also destroyed food crops and infrastructure. Enditem
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