| More than sixty percent of China’s cities posted a month-on-month rise in property prices in July, reports the China Index Academy. In July, average residential property prices in 100 cities hit 8,874 yuan per square meter, up 0.21 percent from June.
Some 33 of the 100 cities saw a month-on-month fall in transaction price while only one city’s price was unchanged. Property prices in the 100 cities in July rose 6.81 percent on average from the same month last year, and 39 of them saw an increase of between five and 10 percent..............................................Full Article: Source
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