Home / Business / Industries

Housing prices rise in more Chinese cities

Xinhua | Updated: 2013-03-18 11:05

BEIJING -- New home prices rose more steeply in more Chinese cities in February, putting the government in an increasingly complex situation of regulating the bubble-ridden market, official data showed Monday.

Of a statistical pool of 70 major Chinese cities recorded by the National Bureau of Statistics, 66 cities saw home prices increase within 3.1 percent in February from a month earlier. In January, 53 cities reported growth margin with no more than 2.2 percent.

On a year-on-year basis, 62 cities registered rising prices with growth rate drastically up to 8.2 percent, compared with 4.7 percent recorded in January, NBS said in a statement on its website.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349