China’s Dec. New Home Prices Rise Most in 2013: SouFun
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China’s new home prices in December jumped by the most last year even as the country’s biggest cities tightened property controls to moderate price gains.
The average price rose 12 percent from a year earlier to 10,833 yuan ($1,789) per square meter (10.76 square feet), SouFun Holdings Ltd., the nation’s biggest real estate website owner, said in an e-mailed statement yesterday based on a survey of 100 cities. Prices climbed 0.7 percent from November.