China says new home prices rose in October | Bangkok Post: news

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China says new home prices rose in October

More Chinese cities reported rises in new home prices in October than in September, data showed Sunday, the first gain in three months as the government works to keep the property market in check.

This file photo shows tower blocks of a residential and commercial property complex, pictured in Beijing, in 2009. More Chinese cities reported rises in home prices in October than in September, data showed on Sunday, the first gain in three months as the government works to keep the property market in check.

Prices in 35 out of 70 cities tracked by the government rose month-on-month, the National Bureau of Statistics said in a statement, up from 31 cities in September and the first increase since July.

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