Hopefully the spike in new home prices was driven by panicked buyers rushing ahead of new restrictions.
According to CREIS, New home prices advanced 2.83 percent nationally in September. The top 10 cities saw a month-on-month increase of 3.41 percent, a nearly 50 percent annualized pace.
Zhengzhou prices increased 6.92 percent (a 123 percent annualized pace)
Wuxi 6.83 percent
Changzhou 6.60 percent
Of the top ten cities, Hangzhou led with a 5.10 percent increase.
For existing homes, Wuhan led with an increase of 5.41 percent.
CREIS 100 City Survey 2016年9月百城价格指数
Google Translated: September 2016 100 City Index
Portland Rose Parade Cancelled Amid Violent Threats From Anti-Fa: "You've Seen How Much Power We Have... Police Can't Stop Us" - *Authored by Mac Slavo via SHTFplan.com,* *For a bunch of peace loving, tolerance spewing social justice warriors, it sure does appear that the new “prog...