Sanya, a popular tourist destination pictured above on China’s southern Hainan Island, saw home prices jump 3.7 per cent in July over the previous month. Photo: SCMP

China’s new home prices in July rise at fastest pace in nearly two years

Homebuyers faced higher prices in July in a record 65 cities of the 70 cities surveyed by the government, with tourist destination Sanya posting the highest monthly jump at 3.7 per cent

Topic |   China home price

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Sanya, a popular tourist destination pictured above on China’s southern Hainan Island, saw home prices jump 3.7 per cent in July over the previous month. Photo: SCMP
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