China Home Prices Rise Most in 6 Months, SouFun Says
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China’s January home prices rose 1 percent, the biggest month-on-month gain in six months, according to SouFun Holdings Ltd., as homebuyers defied the government’s property curbs.
Residential prices in all 100 cities tracked by SouFun climbed from December, with average values increasing to 8,645 yuan ($1,312) a square meter. The gain followed a 0.9 percent advance in December’s home prices, the nation’s biggest property website owner said in an e-mailed statement today.