China: China’s new home prices rise for the tenth straight month

Realopedia Global Real Estate Portal

"New home prices on mainland China rose in May — a tenth consecutive month of increases and to post growth on an annual basis. Prices of new homes in the 100 biggest Chinese cities rose an average 10.34 per cent year-on-year to 11,662 yuan (HK$13,757) per square metre last month, the fastest growth since August, research firm China Real Estate Index System (CREIS) showed on Wednesday."

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Source : China: China’s new home prices rise for the tenth straight month