Upward tick in nation's property prices on track for April

After a mild increase in the country's property prices in March, experts predicted the trend is likely to maintain in April.

According to the latest housing price report released by the National Bureau of Statistics, prices for newly-built property in the four first-tier cities (Beijing, Shanghai, Guangzhou and Shenzhen) increased by 0.2 percent compared to February. Beijing and Guangzhou led the trend, up 0.4 percent and 0.8 percent, respectively. The bureau also observed a 0.6 percent price increase in March for new properties in 31 second-tier cities compared to February.

Pre-owned property prices in the country saw a relatively stronger increase in March, as the price in first-tier cities climbed by 0.3 percent compared to the month before, with the growth pace up 0.2 percentage point. The price for such property in 31 second-tier ones also saw a 1.2 percent monthly increase.