Tools: Save | Print | E-mail | Most Read
November Housing Prices in 70 Major Cities Up 5.8%
Adjust font size:

The average housing prices for newly-built apartments in China's 70 major cities rose 5.8 percent year-on-year in November, sources with the National Development and Reform Commission (NDRC) said Wednesday.



Housing prices in Fuzhou, capital city of southeastern Fujian Province, posted the fastest increase of 10.4 percent in November, followed by Beijing with a rise of 10.3 percent.


Housing prices in coastal cities including Shenzhen, Xiamen and Qinhuangdao also posted an increase of over 9 percent.


Shanghai is the only city that witnessed a slight drop of 0.1 percent in housing prices in November. Real estate prices in Shanghai have been in decline since last December.


Housing prices in Beijing again rose by double-digits for the sixth successive month.


In November, the average prices of second-hand houses in the 70 cities rose by 5.2 percent over the same period of last year and the prices of commercial buildings increased 4 percent year-on-year.


(Xinhua News Agency December 21, 2006)


Tools: Save | Print | E-mail | Most Read

Related Stories
Rein in House Prices
New Move to Promote Sale of Small Houses
Experts Say Real Estate Prices Rising
Chinese City House Prices Jump
Housing Prices Keep Rising, But More Slowly
China to Continue Efforts to Rein in Rising Housing Prices

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
Copyright © All Rights Reserved     E-mail: Tel: 86-10-88828000 京ICP证 040089号