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Thursday, 18 April 2013

New restrictions spark China property scramble

Home prices continued to climb in China last month as buyers rushed to complete sales before new government efforts to cool the country’s property market kicked in.


Housing prices rose in 68 of 70 Chinese cities in March when compared to the previous month, according to the National Bureau of Statistics. Compared to the previous year, prices were higher in all but two of the same 70 cities.


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Charles Riley, CNN Money via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/0Zhwfd9b-l4/

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