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More Chinese cities see rising home prices
Source: Xinhua |
December 18, 2012, Tuesday
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Online Edition
Online Edition
MORE Chinese cities saw home prices rise month on month in November amid the government's strict measures to cool the sector, according to the National Bureau of Statistics today.
In November, 53 out of a statistical pool of 70 major cities recorded higher new home prices than a month earlier, statistics released by the ministry showed. This was up from 35 in October.
New home prices in 10 cities declined last month, down from 17 in October, while those in the other seven cities were unchanged.
On a year-on-year basis, 25 cities saw rises in new home prices last month, up from 12 in October. Prices in 41 cities dropped year on year, down from 56 in October.
In November, 53 out of a statistical pool of 70 major cities recorded higher new home prices than a month earlier, statistics released by the ministry showed. This was up from 35 in October.
New home prices in 10 cities declined last month, down from 17 in October, while those in the other seven cities were unchanged.
On a year-on-year basis, 25 cities saw rises in new home prices last month, up from 12 in October. Prices in 41 cities dropped year on year, down from 56 in October.
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