Home prices rise further in Sept

Wenzhou is the only city that saw a year-on-year decline in new housing prices

Prices of new and secondhand homes continued to rise in most Chinese cities in September, led by first-tier markets and some second- and third-tier ones, according to official data released on Tuesday.

The National Bureau of Statistics reported that of the 70 major cities it tracks, 65 saw a month-on-month rise in the price of new homes in September, while prices in two other cities declined, and those in the remaining three were flat.