Beijing’s new-home prices jumped 22.1 per cent in February from last year, forcing the municipal government to impose the most stringent set of mortgage restrictions to deter speculation. Photo: Reuters.

China’s February home prices rise at flat pace

February’s average new-home prices jumped 12.4 per cent from last year, but rose 0.4 per cent from a month earlier.

Topic |   China property

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Beijing’s new-home prices jumped 22.1 per cent in February from last year, forcing the municipal government to impose the most stringent set of mortgage restrictions to deter speculation. Photo: Reuters.
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