Business
        

Economy

Home prices rise in April

Updated: 2011-05-03 16:33

(Agencies)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

China's home prices rose for the eighth consecutive month in April, Bloomberg reported Tuesday, citing Soufun Holdings Ltd.

Related readings:
Home prices rise in April Higher incomes lead to surging home prices
Home prices rise in April Beijing to curb new home prices
Home prices rise in April Home prices in China continued to rise in Feb

The nation's biggest real estate website owner said home prices rose 0.4 percent in April from March and climbed in 77 of 100 tracked cities, the report said.

Credit Suisse analysts still expect more tightening measures and continue to prefer taking profits on China property sector, the report said.

On May 1, Premier Wen Jiabao said the nation is "determined" to bring down housing prices in some cities to a "reasonable" level.

Wen said the government is committed to bringing down some cities' property prices during a visit to a construction site in Beijing, the official Xinhua News Agency reported Sunday.

E-paper

Head on

Chinese household care goods producers eye big cities, once stronghold of multinational players

Carving out a spot
Back onto center stage 
The Chinese recipe

European Edition

Specials

British Royal Wedding

Full coverage of the royal wedding of Prince William and Kate Middleton in London. Best wishes

The final frontier

Xinjiang is a mysterious land of extremes that never falls to fascinate.

Bridging the gap

Tsinghua University attracts a cohort of foreign students wanting to come to China.

25 years after Chernobyl
Luxury car show
Peking Opera revival