China's housing prices remain stable on tough curbs

Source: Xinhua | 2018-09-17

Housing prices in major Chinese cities remained stable in August as the government continued stepping up property curbs, data showed Saturday.

On a monthly basis, four first-tier cities, namely Beijing, Shanghai, Shenzhen and Guangzhou, saw new home prices rise 0.3 percent in August, picking up from an increase of 0.2 percent in July, according to the National Bureau of Statistics.