A woman points at the model of a residential compound by China Vanke as a sales agent introduces the property to the visitors at its showroom during the National Day "Golden Week" holiday, in Dongguan, Guangdong province on October 2, 2018. Photo: ReutersA woman points at the model of a residential compound by China Vanke as a sales agent introduces the property to the visitors at its showroom during the National Day "Golden Week" holiday, in Dongguan, Guangdong province on October 2, 2018. Photo: Reuters
A woman points at the model of a residential compound by China Vanke as a sales agent introduces the property to the visitors at its showroom during the National Day "Golden Week" holiday, in Dongguan, Guangdong province on October 2, 2018. Photo: Reuters

China’s August new home prices rise at a faster pace as consumer demand shows sign of picking up amid economic recovery

  • Average new home prices in 70 major cities climbed 0.6 per cent in August from a month earlier, a touch better than a 0.5 per cent increase in July
  • On an annual basis, home prices rose 4.8 per cent in August, matching July’s pace

Topic |   China property
A woman points at the model of a residential compound by China Vanke as a sales agent introduces the property to the visitors at its showroom during the National Day "Golden Week" holiday, in Dongguan, Guangdong province on October 2, 2018. Photo: ReutersA woman points at the model of a residential compound by China Vanke as a sales agent introduces the property to the visitors at its showroom during the National Day "Golden Week" holiday, in Dongguan, Guangdong province on October 2, 2018. Photo: Reuters
A woman points at the model of a residential compound by China Vanke as a sales agent introduces the property to the visitors at its showroom during the National Day "Golden Week" holiday, in Dongguan, Guangdong province on October 2, 2018. Photo: Reuters
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