Latest News:  


House prices rise in December

By Hu Yuanyuan  (China Daily)

08:19, January 05, 2013

First year-on-year increase in nine months 'indicates market rebound'

China's home prices recorded their first year-on-year increase in nine months in December, a survey showed on Friday.

Figures from the China Index Academy, a Beijing-based real estate research institute, reported that the average price of new homes in 100 monitored cities was 9,712 yuan ($1,558) per square meter during the month, up 0.03 percent from December 2011.

Prices rose 0.23 percent from November, the seventh consecutive monthly rise, it said in a statement. An increase of 0.26 percent was recorded in November from October.

Fifty-seven of the 100 cities saw a rise in property prices, down from 60 in November, and 43 cities experienced a fall, up from November's 38.

The average price in 10 key cities, including Beijing and Shanghai, stood at 16,157 yuan per square meter, up 0.45 percent on the previous month and an increase of 1.06 percent on the same period the previous year, according to the academy.

"The price of both new homes and pre-owned homes in the 10 key cities increased at a quicker pace than the national average, indicating the market rebound was mainly recorded in major cities," said Huang Yu, the academy's vice-president.

【1】 【2】 【3】

We recommend:

BJ-GZ HS to add 30b yuan to GDP annually

Great changes in Zhengzhou railway station

Wanda Group ventures onto the global stage

Sports car makers look to mainland market

Top Ten Economic Events in 2012

'Gold road' laid with gold bars

Email|Print|Comments(Editor:马茜、Liang Jun)

Leave your comment0 comments

  1. Name


Selections for you

  1. NBC emergency rescue team

  2. Anti-terror exercise conducted in S. Korea

  3. Finalists in Sydney to compete for Best Jobs

  4. Girl travels 16 hours to save wounded eye

  5. Percussion shows me the world

  6. No quick way
    to a job

  7. Nanhaizi Park: An ecological garden

  8. Most beautiful Chinese celebs

  9. HK's new terminal receives luxury liner

  10. Hilton to open 120 new hotels in China

Most Popular


  1. Whistleblower welcome in China
  2. Chinese brands in global marketplace set to grow
  3. Surveillance programs reveal U.S. hypocrisy
  4. People's Daily urges safety after deadly accidents
  5. Equities slump amid slow-growth estimates
  6. World owes Snowden debt of gratitude
  7. Male teachers needed at Chinese kindergartens
  8. Hard times for air pollution
  9. Road ahead for China's food safety
  10. Showdown of China's Big Three cities

What’s happening in China

Developer razes historic Guangzhou structures

  1. 1 dead in NE China construction site accident
  2. Beijing set to rein dangerous dogs
  3. Quest for 2nd child exposes couple’s private life
  4. 'Alien' buster turns out to be a faker
  5. Japanese citizens detained for fraud, murder