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China home prices rise in March

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Staff Writer | April 18, 2017
House prices in majority of the Chinese cities increased in March, data from the National Bureau of Statistics showed.
China homes
Houses   House prices grew in 68 Chinese cities
On a monthly basis, house prices climbed 62 cities out of 70 surveyed by the government. Meanwhile, pries fell in eight cities.

The highest rise in house prices were noted in Haikou, by 2.6% and the steepest decrease was seen in Chengdu, by 0.6%.

In the capital region Beijing, home prices registered an increase of 0.4% in March.

Compared with the same month last year, house prices grew in 68 cities out of the 70 cities in March, while it dropped only in 2 cities.