China's house-price inflation accelerates, data show

With the Chinese government signaling that it is backing away from efforts to cool the real estate market, an increase in house prices is picking up momentum, according to data from research firm Soufun.com. House prices rose 7.94% last month compared with July 2012, the company said. June's year-on-year increase was 7.4%.

View Full Article in:

Market News International · Economic Observer (China), The · Diplomat (Japan), The

Published in Briefs: