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    New home prices rebound in major Chinese cities (1/4)

    2012-11-02 15:26    Xinhua     Web Editor:Wang YuXia

    Residential buildings are under construction in Yinchuan, capital of northwest China's Ningxia Hui Autonomous Region, Oct. 5, 2012. The average new home price of 100 surveyed major cities in China rose to 8,768 RMB yuan (1,392 U.S. dollars) per square meter in October, up 0.17 percent from September, marking the fifth consecutive month of month-to-month recovery, according to data released by the China Index Academy on Nov. 1, 2012. (Xinhua/Wang Peng)

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