Latest News:  


Property price growth rate dips in April

By Hu Yuanyuan  (China Daily)

16:52, May 02, 2013

Property prices in China's major cities saw an 11th consecutive monthly increase in April, but the growth rate slowed as the government's latest tightening policies gradually kicked in.
China Index Academy, a Beijing-based real estate research institute, said on Monday that the average price of new homes in 100 monitored cities was 10,098 yuan ($1,602) per square meter during April, up 1 percent on the previous month.

The month-on-month growth rate, according to the academy's figure, is down 0.06 percentage points from March.

A total of 76 cities saw price increases on a monthly basis in April, compared with 84 in March. Meanwhile, the number of cities experiencing a price drop increased by 8 from the previous month.

On a yearly basis, the growth was 5.34 percent last month, compared with a 3.9 percent year-on-year rise in March. It was the fifth time that 100 cities saw a price hike on a year-on-year basis, with the growth rate further accelerating.

The average home price in key cities, including Beijing and Shanghai, stood at 17,023 yuan per sq m, an increase of 1.31 percent from the previous month and up 7.89 percent over the same period last year, indicating an accelerating price growth rate.

We Recommend:

Living in mini homes in China

Stunning models at Bangkok Int'l Auto Show

Shanghai Tower, tallest skyscraper in China

Bird flu fears hit poultry industry

Bird flu takes toll on poultry industry

Int'l footwear exhibition kicks off in Shanghai

Email|Print|Comments(Editor:GaoYinan、Chen Lidan)

Leave your comment0 comments

  1. Name


Selections for you

  1. Chinese peacekeeping forces in joint drill

  2. Skill show of top soldiers

  3. Labor Day marked around the world

  4. Tiger cub triplets meet with public in Shenyang

  5. Transport peaks at holiday end

  6. Details of the terrorism attack in Xinjiang

  7. Ceremony celebrating of Tang Dynasty

  8. Barry Hawkins beats Ding Junhui 13-7

  9. UnionPay issues its first card in US

  10. Sky's the limit for business aviation

Most Popular


  1. Ancient Chinese tower tests classic literature buffs
  2. Why do U.S. officials visit China in succession?
  3. What does China’s development mean to world?
  4. Pioneers from the BRICS build new advantages as they go global
  5. Looking forward to higher level of Sino-French ties
  6. Domestic dairy firms have lost credibility
  7. Lax food hygiene leaves bad taste
  8. Urbanization to fuel China's economic growth

What’s happening in China

Matchmaking websites crack down on user fraud

  1. Poisoned yogurt kills two Hebei kindergarteners
  2. Wood factory on fire, no one gets hurt
  3. Roaming bear killed in NE China
  4. 'Unwanted treatment' to be reduced
  5. Man commits suicide after killing two children