Photo taken on July 19, 2013 shows buildings in downtown Shanghai, east China. According to the National Bureau of Statistics, of 70 major Chinese cities, 62 saw month-on-month new home price rises in July. Meanwhile, 57 cities reported month-on-month price gains in existing and second-hand homes. (Xinhua/Chen Fei)

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China's home prices continue to rise in July

BEIJING, Aug. 18 (Xinhua) -- Prices of both new and existing homes continued to rise in most Chinese cities in July, according to official data released on Sunday.

Of a statistical pool of 70 major Chinese cities, 62 saw month-on-month new home price rises, down from 63 in June, the National Bureau of Statistics (NBS) announced.  Full story

Photo taken on July 17, 2013 shows buildings in downtown Shanghai, east China. According to the National Bureau of Statistics, of 70 major Chinese cities, 62 saw month-on-month new home price rises in July. Meanwhile, 57 cities reported month-on-month price gains in existing and second-hand homes. (Xinhua/Chen Fei)