Flood of buyers drives 8.8% jump in China's home prices

07/17/2013 | Market News International · Bloomberg

With China's house buyers convinced that the government will not crack down on speculation, prices rose 8.81% in June compared with June 2012, the sharpest increase in three years, according to Market News International's analysis of trends in China's 35 biggest cities. Year-on-year gains were above 10% in Beijing, Shanghai, Guangzhou and Shenzhen.

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Market News International · Bloomberg

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