Property prices still rising in most cities

More tightening measures may be adopted if upward trend continues

BEIJING - More tightening measures may be introduced by the government if property prices and transactions in second and third-tier cities continue to rebound, an industry insider warned on Wednesday.

Property prices in April rose year-on-year in 67 of 70 major cities surveyed, according to the National Bureau of Statistics (NBS). Smaller cities recorded higher increases than larger metropolitan areas.