China’s House Prices Up Again

Average new home prices in China’s 70 major cities in September rose 9.1 percent from a year earlier, according to Reuters calculations based on official data published on Tuesday, marking the ninth straight month of year-on-year increases.

In month-on-month terms, prices rose 0.7 percent in September, easing from August’s gains of 0.8 percent.

The National Bureau of Statistics said new home prices in Beijing rose 16 percent in September from a year earlier, compared with August’s year-on-year increase of 14.9 percent.

CNBC

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