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City property prices in monthly surge

By Hu Yuanyuan | China Daily | Updated: 2013-03-19 07:40

City property prices in monthly surge

Most major cities reported a sharp monthly rise in property prices in February, fueled by demand outstripping supply, analysts said.

Of the 70 major cities monitored by the National Bureau of Statistics, 66, led by Beijing, Shanghai, Guangzhou and Shenzhen, saw prices rise month-on-month.

January, by comparison, saw 53 of the monitored cities register property price increases.

City property prices in monthly surge

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