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        China's October 100 city residential average price rose to 1.65%


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According to the latest report released by the China Index Research Institute, the average price of residential buildings in 100 cities in the country was 12,825 yuan / sq m in October, up 1.65 percent month on month and down 1.18 percentage points from the previous month.

From the price of the number of chain cities, the price of 79 cities rose, compared with September to reduce the 2; 21 city prices fell, compared with September increased by 3.

According to the median, 100 cities nationwide (new) residential median price of 7,306 yuan / square meter, the chain rose 2.20 percent, up 2.67 percent, 100 cities in most cities housing prices trend is relatively stable.

Looking ahead, the report believes that the effect of policy control will continue to force, the market supply and demand will return steadily to both ends of the rationale, the end of housing prices is expected to further stabilize.

The past year, 100 city residential average price increase at a glance: (unit:%)

Month than the same period last year

2016-10 1.65 ~

2016-09 2.83 16.64

2016-08 2.17 13.75

2016-07 1.63 12.39

2016-06 1.32 11.18

2016-05 1.70 10.34

2016-04 1.45 8.98

2016-03 1.90 7.41

2016-02 0.60 5.25

2016-01 0.42 4.37

2015-12 0.74 4.15

2015-11 0.46 2.93

2010-10 0.30 2.07

2015-09 0.28 1.36
According to China Real Estate Index System 100 City Price Index of 100 cities in the new residential full sample survey data, in October 2016, the country's 100 cities (new) residential average price of 12,825 yuan / square meter, the Central Up 1.65 percent, or down 1.18 percentage points from the previous month.

From the price of the number of chain cities, the price of 79 cities rose, compared with September to reduce the 2, 21 city prices fell, compared with September increased by 3.

According to the median, 100 cities nationwide (new) residential median price of 7306 yuan / square meter, up 2.20%, up 2.67%, 100 city in most cities housing prices trend is relatively stable.

In order to better promote the healthy development of the real estate market, a number of hot spots around the National Day introduced control policies, and initially achieved results, gradually becoming more rational supply and demand volume.

From the demand side, the irrational investment speculation demand is suppressed, the hot urban residential turnover fell; from the supply side, the policy under the influence of developers to actively adjust the marketing strategy, the new project pricing than expected to be a callback;

From the price point of view, October 100 City overall price increase was slowed down, the number of cities decreased, and most of the hot city prices have dropped slightly, some cities fell significantly.


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