More signs point to warming property market in China

China housing market

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Chinese property developers are having a warmer-than-usual spring season this year as more and more signs are indicating a recovery in the housing market and many expect a bottom-out in top-tier cities this year.

According to a report released by China Academy of Social Sciences (CASS) on Thursday, the country's top state think tank, the average home prices in the 142 sample cities tracked by the academy rose 0.36 per cent in February from the previous month, 0.494 percentage point faster than the previous month.

The report shows that home prices in 94 . . .




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