China new home prices rise in 58 cities m/m for April (was 62 prior)

China property prices for April
– Beijing new home prices +16.0 pct y/y (March +19.0 pct)
– Beijing new home prices +0.2 pct m/m (vs +0.4 pct prev month)
– Shanghai new home prices +13.2 pct y/y (March +16.8 pct)
All China April new home prices +10.7 pct y/y (March +11.3 pct) – Reuters calculation