Land prices in­crease in Q3

China Daily (USA) - - BUSINESS -

Land prices in ma­jor Chi­nese cities con­tin­ued to rise in the third quar­ter, pro­pelled by ris­ing res­i­den­tial land prices es­pe­cially in ma­jor met­ros, lat­est of­fi­cial fig­ures showed. The av­er­age land price in 105 ma­jor Chi­nese cities mon­i­tored by the Min­istry of Land and Re­sources reached 3,767 yuan ($556) per square me­ter in the third quar­ter, up 1.4 per­cent from the pre­vi­ous quar­ter.

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