Statistics

Home prices higher under new calculation scheme

(Xinhua)
Updated: 2011-02-18 11:26

China's statistics agency said on Friday that newly-built property prices in the nation's major 70 cities continued to rise in January after it readjusted the calculation system.

Ten cities out of the 70 surveyed reported more than 10 percent price increase from a year ago, the National Bureau of Statistics (NBS) said on its website.

Six cities saw the second-hand home prices jump by at least 10 percent.