China’s New Home Prices Rise for 5th Month on Sales, SouFun Says

China’s new home prices rose for a fifth month as sales picked up in a sign government curbs are helping stabilize the property market. Prices climbed 0.17 percent to 8,768 yuan ($1,405) per square meter in October from September, SouFun Holdings Ltd. (SFUN), the country’s biggest real estate we…

Read more here:
China’s New Home Prices Rise for 5th Month on Sales, SouFun Says