New home prices in Shanghai surged the most from a year ago in October among 70 major Chinese cities, according to data released today by the National Bureau of Statistics. Only one city – Wenzhou - registered an annual price fall last month. With an annual increase of 21.4 percent, Shanghai led all gainers in October and was closely trailed by Beijing, Guangzhou and Shenzhen, where new home prices rose 21.2 percent, 20.7 percent and 20.6 percent, respectively, from the same time a year ago. To read more click the link below: shanghaidaily/Business/real-estate/Shanghai-leads-surge-in-new-home-prices/shdaily.shtml
Posted on: Mon, 18 Nov 2013 11:03:32 +0000