According to a survey covering 35 big and medium-sized cities in China by the National Development and Reform Commission and National Bureau of Statistics, due to government's policies stabilizing housing price, the housing price in the 35 cities has risen by 8.0% year-on-year in the second quarter of this year. The increase rate falls by 1.8%.

In some cities, the increase rate has dropped remarkably. However, the upturn still exists if compared with the previous month.

In terms of regions, property prices in the 35 cities all have risen by different rates in the second quarter over the same period of this year, including 6 cities experiencing a jump of over 10%.

By People's Daily Online