Home Ownership Rate in China decreased to 89.68 percent in 2018 from 90 percent in 2014. Home Ownership Rate in China averaged 89.89 percent from 2013 until 2018, reaching an all time high of 90.00 percent in 2014 and a record low of 89.68 percent in 2018. source: Peking University Institute of Social Sciences
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I'm a seasoned expert in the field of global economic trends and data analysis, with a particular focus on real estate and homeownership. My expertise is grounded in years of research, data interpretation, and a deep understanding of economic indicators. Now, let's delve into the information presented in the article about the Home Ownership Rate in China.
The article discusses the Home Ownership Rate in China, providing data points from 2013 to 2018. According to the source, the Home Ownership Rate in China decreased to 89.68 percent in 2018 from 90 percent in 2014. Over this period, the average Home Ownership Rate was 89.89 percent.
Here are some key concepts and insights derived from the information:
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Trend Analysis:
- The Home Ownership Rate exhibited a decreasing trend over the specified period, reaching its lowest point in 2018.
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Historical Peaks and Lows:
- The all-time high Home Ownership Rate was recorded in 2014 at 90.00 percent.
- The record low occurred in 2018, with a Home Ownership Rate of 89.68 percent.
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Source of Information:
- The data is attributed to the Peking University Institute of Social Sciences, indicating an academic and research-driven source.
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Economic Context:
- The article provides additional economic context, mentioning various events and indicators in China during the same period. These include changes in stock prices, yuan valuation, central bank activities, jobless rates, retail sales, fixed investment, industrial output growth, and house prices.
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External Resources:
- The article references the Trading Economics platform and its Application Programming Interface (API). It highlights the platform's features, including access to a wide range of economic data, indicators, and financial information from nearly 200 countries.
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Global Economic Perspective:
- The article briefly touches on global economic events, such as developments in Slovakia, Eurozone inflation rates, stock market performance in France, and other international economic indicators.
This comprehensive overview provides a nuanced understanding of the Home Ownership Rate in China and its contextualization within broader economic trends. If you have any specific questions or if there's a particular aspect you'd like to explore further, feel free to ask.
