BEIJING: New house prices in China rose in August from a year ago for the first time in 11 months, a survey showed on Tuesday, as government monetary easing policies boosted demand.
The average cost of a new home in the country’s 100 major cities rose 0.15 percent year-on-year to 10,787 yuan ($1,692) per square meter last month, snapping 10 straight months of decline, the China Index Academy (CIA) said in a report.
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