New residential buildings at the Zhongtian Future Ark, a huge residential area being developed in Guiyang, Guizhou province. New home prices in the city registered the highest increase in October. Photo: Simon Song

China’s new home prices gain momentum in October, rise 1 per cent month on month

  • Prices rise in 65 of the 70 cities surveyed by National Bureau of Statistics
  • Southwest city of Guiyang sees the biggest price jump of 6.2 per cent
Topic |   China property

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New residential buildings at the Zhongtian Future Ark, a huge residential area being developed in Guiyang, Guizhou province. New home prices in the city registered the highest increase in October. Photo: Simon Song
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Zheng Yangpeng

Zheng Yangpeng

Zheng Yangpeng is a business reporter at the Post, covering China property, banking and finance. He previously worked for China Daily, joining the Post in 2016. He holds a Bachelor's Degree in Journalism and Communication from Peking University, and a Master's Degree in Global Business Journalism from Tsinghua University.