Economy
China's house prices up by 1.5% in 2009: report
By Qi Xiao (chinadaily.com.cn)
Updated: 2010-02-26 09:19
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Housing prices in China's 70 major cities increased by 1.5 percent year-on-year in 2009, according to figures released by the National Bureau of Statistics February 25.
Data shows that the price of newly-built residential housing rose by 1.5 percent and the price of second-hand housing was up by 2.4 percent in these cities in 2009 while leasing price was down by 0.6 percent.
