New house prices in 100 major cities of China has increased both in annual and monthly for the fourth month in a row in November according to a monthly survey conducted by the China Index Academy.
The average price per square meter in a large city grew 0.46 percent monthly become 10.899 yuan ($1,704) in November, or tel ah rose 2.93 percent from a year earlier, according to this independent research institutions.
The city of Shenzhen, a southern city that is being developed in China, again led the price increase up to 34.75 percent annual jump in the same period. House prices the average city per square meter reached 41.139 yuan last month.
House prices in ten large cities in negaraini, including the city of Beijing and Shanghai jumped 7.63 percent from an average of the previous year, add the increase of 1 percentage points compared with the October.
Meanwhile, house prices both natural growth of 12,12 percent in November, natural increased 1.18 percent from October. The housing market China is degenerated in 2014 because of the weak demand and supply surplus house that are not sold.
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