China House Price Increase by average of 9.1% at the end of September 2013

 

 

China: According to Reuters Calculations, house price Nationally rose by 9.1% in September 2013 month compared to one year earlier. The National Bureau Of Statistics data showed certain larger cities rising much higher than the national average. For example, Beijing rose 17%, Shanghai rose 17% and Guangzhou rose 20%.

Real Estate Investment in China is still a safe investment. Demand for Real Estate is strong. The Central Government wants to control pricing. The local authorities are resisting because they rely on land sales to boast their coffers.

HenryL Lam

HenryL Lam

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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