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China Daily | Updated: 2013-05-20 07:40

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Average new home prices in 70 Chinese cities rose month-on-month by 0.95 percent, 0.14 of a percentage point lower than March's rise, the National Bureau of Statistics said on May 18. Guangzhou saw the biggest month-on-month price rise of 2.1 percent but the rise was lower than March's 2.5 percent growth.

Lin Xuanbo: Home prices keep rising after the implementation of the central government's property tightening policies. The policies did not solve the problems from the grass roots levels.

1981LiuTao: The upward pressure was relayed from Beijing to Guangzhou.

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