Latest News:  


China's home prices continue to rise in June


11:19, July 18, 2013

(Xinhua File Photo)

BEIJING, July 18 (Xinhua) -- Prices of both new and existing homes continued to rise in most Chinese cities in June, according to official data released on Thursday.

Of a statistical pool of 70 major Chinese cities, 63 saw month-on-month home price rises. However, the number was down from 65 cities that reported higher prices in May, the National Bureau of Statistics (NBS) said in a statement on its website.

According to the NBS, 55 cities reported month-on-month price gains in existing homes in June compared to the previous month. The figure also dropped from 64 cities that saw price rises in May, the data showed.

Compared to May, five cities, including Guiyang and Urumqi, saw new home price declines last month. Eight cities, including Harbin and Lanzhou, reported price drops in existing homes. However, the price declines were unanimously limited, the data showed.

On a year-on-year basis, new home prices rose in 69 cities last month, while 68 cities reported price increases of existing homes.

The data has covered the nation's large and medium-sized cities, including megacities such as Beijing and Shanghai, provincial capitals, and other municipal cities.

In the nation's first-tier cities, home prices all witnessed rises last month both on a monthly and yearly basis, according to the data.

However, Liu Jianwei, a senior statistician with the NBS, said that around half the cities saw new home price increases narrow in June from a month ago. Guangzhou and Shenzhen saw price gains narrow by 0.5 and 0.2 percentage point, respectively.

The nation's second and third-tier cities, such as Guilin and Baotou, saw new home price increases narrow by 1.3 and 1.2 percentage points, respectively, Liu said.

We Recommend:

Born to lead: 2nd gen of Chinese tycoons

Model in see-through dress poses at auto show

Mortgage slaves' decade in real estate fever

2013 China Int'l Boat Show kicks off in Zhoushan

China Changchun Int'l Automobile Expo kicks off

Forbes names China's 50 best CEOs

Migrant workers' high incomes not that rosy

Chinese grads' unconventional jobs

In pictures: history of China's auto industry

Email|Print|Comments(Editor:ChenLidan、Wang Jinxue)

Leave your comment0 comments

  1. Name


Selections for you

  1. HK Youth Military Summer Camp opens

  2. PLA special forces hold military skills contest

  3. Cuba: Seized DPRK ship carries obsolete weaponry

  4. Dream of flying in the sky

  5. Little rubber ducks appear in Shichahai

  6. Shanghai suffers from high temperature

  7. Highlights of Gymnastics Rhythmic final

  8. The story behind models at auto show

  9. Migrant workes' high incomes not that rosy

  10. China's GDP totals 24.8 tln yuan in H1

Most Popular


  1. Harmony is the theme of China's ocean strategy
  2. It is right time to invest in China
  3. Two-way fluctuation essential for RMB reform
  4. Brands face constant battle to attract, keep buyers
  5. Kennedy may prove wise choice as envoy
  6. 'Prism' burns America's Internet supremacy
  7. Merkel's rivals go on attack over US spying
  8. Slower economic growth set to be a winning choice
  9. Investing abroad not easy: Experts
  10. Reinvigorated CCTV gala brings hope for art scene

What’s happening in China

2nd cross-sea bridge spanning across Hangzhou Bay to open

  1. Sichuan rainstorms result in water shortage
  2. New shuttle plan gets mixed reviews
  3. Shanghai airport to screen 4D movies
  4. Beijing woman 3 times a bride in housing scam
  5. Shanghai delivery firms among nation's slowest