News X
18 Aug 2015
Chinese House Prices
Economy
Average new house prices in 70 major Chinese cities monitored by the National Bureau of Statistics rose for the third month in succession in July, Reuters reports. However, they were still down by 3.7% year-on-year. Price growth was strongest in Beijing, Shanghai and Shenzhen, which were the only three of the 70 cities to register annual increases in prices.