Housing Prices Continue to Increase in most Cities
Published:
2011-05-18
According to data released by the National Bureau of Statistics (NBS) earlier this morning, the price of newly-constructed commercial residential housing rose in 56 cities of
the 70 cities surveyed by the statistics bureau in April when compared to prices in March. However, the rate of increase in each of the 56 cities was less than 1%. When compared to prices from a year ago, prices in 52 cities had also increases, with prices in 29 cities increasing by over 5% year-on-year.
Source
China News Agency
Google translation
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