China home prices rise again in April, adding momentum to recovery: The Straits Times

China’s property market has been on the road to recovery, with new home prices rising at a faster pace in the second consecutive month. Based on National Bureau of Statistics data, comparing with previous month, average new housing prices increased by 0.5% in April across 70 major cities in China. On a year-on-year basis, the increase is 5.1% in April.


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