Date
25 April 2018

Home prices up in major Chinese cities in Sept, report says

The average price of new homes in 100 major Chinese cities rose 1.07 percent from August to 10,554 yuan (US$1,724) per square meter in September, representing a 16th consecutive monthly gain, according data posted on real estate website Soufun.com Tuesday. The average was up 9.48 percent on a yearly basis. Beijing registered a 3.75 percent month-on-month, or 26.88 percent year-on-year, gain in prices, data showed. The average home price in 10 top-tier cities, including Beijing, Shanghai and Guangzhou, rose to 18,179 yuan per square meter, up 13.87 percent from a year earlier.

– Contact HKEJ at [email protected]

MY/AC/SK

 

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