Asian Economic News

China's Home Prices Continue To Rise Despite New Property Curbs

China's new home prices continued to rise in April despite the government's fresh property market curbs that were in place since the beginning of the month, reports said citing a survey by Soufun on Thursday.

House prices rose 5.3 percent year-on-year in April, faster than a 3.9 percent increase in the previous month. Soufun's survey covers 100 cities across the nation.

Looking ahead, cities where property price growth is too fast faced the risk of further control measures, Soufun said.

by RTTNews Staff Writer

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