Chinese new home prices lifted at a slower pace in February, while foreign direct investment also rose, official data shows.
Average new home prices in 70 cities rose by 8.2 per cent in February compared to a year ago, slower than a rise of about 9 per cent in January.
Prices edged up by 0.3 per cent in February when compared to the previous month.
The country attracted $19.3 billion of foreign direct investment (FDI) in January-February, up 10.4 per cent year over year, the Ministry of Commerce said.
The ministry didn't break out February data. Statistics for the first two months of the year are often combined to reduce distortions from the Chinese Lunar New Year.
The ministry previously reported January FDI at $10.76bn which was 16.1 per cent higher year over year.
If there were no adjustments in the data February alone would be $8.54bn, according to calculations by The Wall Street Journal. FDI in February last year was $8.2 billion.
Outbound investment, or nonfinancial overseas direct investment, was up 37.2 per cent in the January-February period at $11.5bn.