China's home price growth picks up in October
Prices remain resilient in the face of falling sales and a tighter liquidity environment
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Beijing
CHINA'S new home prices rose at a slightly faster pace in October after gains had held steady the previous month, as prices remained resilient in the face of falling sales and a tighter liquidity environment.
China's housing market has seen a near two-year boom, giving the economy a major boost but stirring fears of a property bubble, with the government taking strong measures to curtail purchases.
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