Top 10 Chinese cities with biggest surge in home prices
Updated: 2016-04-14 06:52
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
Night view of Whuan, capital city of Central China's Hubei province, Dec 16, 2015. [Photo/VCG]