China May property investment growth eases for first time in three months

BEIJING, June 14 (Reuters) - China's property investment growth eased for the first time in three months in May, a Reuters calculation based on the National Bureau of Statistics (NBS) showed on Wednesday.

It grew 7.2 percent from a year ago, compared to a rise of 9.6 percent in April.

The year-on-year growth of new construction starts nearly halved to 5.2 percent from April's 10.1 percent. (Reporting by Yawen Chen and Beijing Monitoring Desk)