China new home price increase picks up in August
Beijing (AFP) Sept 1, 2016 -
Increases in new home prices in China picked up in August from a month ago, a survey showed Thursday, raising worries of further rises in major cities.
The average price for new homes in 100 major cities gained 2.17 percent month-on-month in August to 12,270 yuan ($1,837) per square metre, the China Index Academy (CIA) said in a statement.
It accelerated from a rise of 1.63 percent in Ju ...
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