Top 10 Chinese cities with biggest surge in home prices

Updated: 2016-04-14 06:52

(chinadaily.com.cn)

Real estate market has rebounded in March after being in a slump for a year. The number of cities with average home price above 10,000 yuan rose to 26 from 20, according to Biaozhunpaiming, a consultancy company based in Beijing.

In Dongguan, a southern city in Guangdong province, average home price saw biggest surge among the 26 cities, with a 22.77 percent rise in the first quarter of 2016 compared to the same period last year. It is followed by Hefei, capital city of Anhui province, with a 22.24 percent increase, and Shanghai, with a 16.35 percent rise.

Here are the top 10 cities that recorded biggest rise in home prices in the first quarter of this year.

No 10 Wuhan

Increase: 5.94%

 

Night view of Whuan, capital city of Central China's Hubei province, Dec 16, 2015. [Photo/VCG]