China home prices rose in fewer cities in January


Prices fall: A file picture showing apartment towers in Shenzhen. Home prices fell in 13 cities in January and were unchanged in five. — Reuters

SHANGHAI: China’s home prices rose in fewer cities in January as the government persisted with an almost two-year campaign to cool the market.

New-home prices, excluding government-subsidised housing, climbed in 52 of 70 cities tracked, compared with 57 in December, the National Bureau of Statistics said last Saturday. Prices fell in 13 cities from the previous month and were unchanged in five.

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Business , China , home , prices , home , cities , January , property ,

   

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