China's home prices continue to rise
Updated: 2013-10-22 10:12
(Xinhua)
|
||||||||
BEIJING -- Prices of both new and existing homes continued to rise in most Chinese cities in September, according to official data released on Tuesday.
Of a statistical pool of 70 major Chinese cities, 65 saw a month-on-month rise in new home prices, down from 66 in August, the National Bureau of Statistics (NBS) announced.
According to the bureau, 63 cities reported month-on-month price gains in existing and second-hand homes in September, compared to 58 in August.
On a year-on-year basis, the cost of new homes rose in 69 cities last month, the same as the August figure, while 68 reported higher year-on-year prices for existing homes last month, also the same as the August number.
Growth rates in first-tier cities were significantly higher compared to second- and third-tier cities. New home prices in Beijing, Shanghai, Guangzhou and Shenzhen rose by an average 1.4 percent month on month while those in 35 third-tier cities rose by 0.6 percent on average, according to the data.
The data covers the country's large and medium-sized cities, including Beijing and Shanghai, provincial capitals and other cities.
- Beijing Opera troupe perform in Brazil
- Nature's masterpieces
- Riot police off to Libya peacekeeping mission
- Teacher killed, two wounded in Nevada middle school shooting
- Smog wraps northeast, schools forced to close
- Architect looks to the big picture
- Teachers, students divided over Gaokao reform plan
- Dogfight looms over jets
Most Viewed
Editor's Picks
Bribery claims feed milk scandal |
The fish that didn't get away |
Stranded in heavy snow at Qomolangma |
Riding the wave of big bargain buy-ups |
US Sinophile traces the evolution of Chinese words |
The dirt on tomb raiders |
Today's Top News
Apple expected to unveil new iPads
US helps UN destroy Syria's chemical weapons
CNOOC, CNPC win Brazil oilfield bid
'Historic' sorghum shipment to China
Building a bridge of hearts in the heartland of the US
Li-Medvedev meeting to boost cooperation
China issues white paper on Tibet's development
Hollywood must think bigger about China
US Weekly
Geared to go |
The place to be |