|
Major cities' housing price continue to grow
(Xinhua)
Updated: 2005-04-16 09:38
The average housing price in China's 35 major cities rose 9.8 percent in the
first quarter over the same period of last year, according to a report released
by the National Development and Reform Commission and the National Bureau of
Statistics on Friday.
All the cities surveyed except Changsha, capital of Central China's Hunan
Province, have reported hikes in residential housing prices. The increases in
eight cities are higher than 10 percent. Shanghai ranks first with a
year-on-year increase of 19.1 percent.
The prices for economical residential houses, ordinary residential houses and
luxury high-rises witnessed a year-on-year increase of 3.4 percent, 9.7 percent
and 12.9 percent respectively.
The prices for second-hand residential houses grew up 10.6 percent
year-on-year, while the prices of land and rents climbed 7.8 and 1.9 percent
respectively.
|
