Report highlights decade of growth in property prices

A new report has highlighted the extent of property price rises in China over the past decade.

Shenzhen, Guangdong province, has led the way, with prices soaring 508.5 percent in that time, said the study by the Hang Lung Center for Real Estate at Tsinghua University and the Peking University-Lincoln Institute Center for Urban Development and Land Policy.

The southern city's average annual price rise since 2006 has been 20.4 percent.