High private housing rate reflects contradiction

     BEIJING, July 4 (Xinhua) -- About 81.62 percent of Chinese homes are privately owned, higher than the proportion in some developed countries like the United States and the United Kingdom where the rates are below 70 percent.

Property market starts to cool down in Shanghai

     BEIJING, June 21 - Between January and May Shanghai's real-estate investment dropped for the first time in the past 5-and-a-half years, probably due to macro-economic controls.

House prices climb 5.8% in China's 70 cities in May

     BEIJING, June 14 (Xinhua)-- House prices in May rose by 5.8 percent from last year and 0.2 percent from April in China's 70 big and medium-sized cities, according to a report released by the National Development and Reform Commission and National Bureau of Statistics.

Property prices expected to rise in Beijing

     BEIJING, June 7 (Xinhuanet)-- Even the State Council put in place last week aggressive policies aiming to prevent property prices from surging irrationally, 80 percent of respondents of a study still said Beijing property prices would continue rising.

Over 60% of land use in Chinese cities illegal

    BEIJING, June 6 (Xinhua) -- China's Ministry of Land and Resources said on Tuesday that over 60 percent of the new land acquisitions for construction purposes in Chinese cities since last September are illegal.

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