China new home price rises faster in November, survey finds

Average price ups 2.4% from last year as string of policies may be lending support

20241201 China property

Sale signs adorn residential buildings under construction in Huizhou, Guangdong province, China Oct. 10. © Reuters

BEIJING (Reuters) -- Prices of new homes in China rose at a faster pace in November, a private survey showed on Sunday, as a string of policies may be lending support to the ailing property market.

The average price across 100 cities edged up 0.36%, compared with the previous month's 0.29%, according to data released by property researcher China Index Academy.

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