China’s June Home Prices Jump on Increasing Sales, SouFun Says

China’s June Home Prices Jump on Increasing Sales, SouFun Says

Tomohiro Ohsumi/Bloomberg

Workers stand on bamboo scaffolding at a construction site in the Fun City apartment complex in the Fangshan district of Beijing. Land sales in Beijing as of June 27 hit 66 billion yuan, exceeding the total value of the city last year, China Securities Journal reported on June 28, without citing anyone.