Automatic door/unlocked door (ACD) price on the rise for homebuyers, according to data compiled by Bloomberg.
This year’s figures show an increase of 12% in the average price of an ACD, up from 7.6% in 2016.
The highest ACD price was $2,764, which is $400 more than last year’s average ACD.
The next highest price was 2,068, a $300 increase.
A year ago, the average ACDs price was 3,096, and the highest price in the past two years was 3.1 million yuan ($41,500).
The average AC d is now 6.8% above last year.
In the past 12 months, prices for ACDs increased by more than 12%, according to the data compiled from data from nine major homebuyer-related portals.
In the first nine months of 2017, prices increased by an average of 8.4%.
The latest data shows an average price increase of 9.4% for AC d in the first quarter of 2017 compared to the same period last year, with the highest increase being 5.9% in Q1 2017.
There are now 8.9 million AC d, up 9.6%, compared to 7.9 for the same time period last week.
The Chinese homebuyners’ association has been warning for months about rising ACD prices.
“It is not surprising that prices are rising.
We can’t expect a good outcome from the government’s actions.
But the government should also be aware that there are many factors behind the rise, including a slowdown in China’s construction industry, weak domestic demand, and an aging population,” said Li Wei, a professor at Renmin University’s China Center for Economic and Policy Research.
While Chinese economists have long been warning of an impending collapse in home prices, the data released Wednesday suggests that many people are not taking them too seriously.
China’s biggest lender, China Construction Bank, recently raised its benchmark rate for ACD loans from 5.5% to 5.8%.
In April, the International Monetary Fund warned that the country faces “a severe housing market crisis,” and warned that a severe correction was possible if prices did not rise quickly.
However, the median price for ACd in Shanghai rose to 9,965 yuan ($1,851) in the third quarter of this year, from 9,858 yuan in the fourth quarter of last year and 9,894 yuan in Q2 2017.
The Shanghai Composite Index, which tracks the Shanghai-Hong Kong Stock Exchange, rose more than 4% in early trading Thursday.