Here is a list of the day’s latest China real estate news collected from around the web:
China’s new home prices rose in October in more cities than the previous month, indicating the government will refrain from relaxing curbs on the property market.
Prices climbed in 35 of the 70 cities the government tracks, compared with 31 in September, according to data released by the statistics bureau today. Prices fell in 17 cities, the data showed.
NEW home sales in Shanghai rose 6 percent from a year earlier during the first 10 months of this year, the local statistics bureau said yesterday. A total of 12.13 million square meters of homes were sold in the city from January to October.