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China house price rises slow in March

Price rises for new homes in China slowed in March for the third straight month, an independent survey showed, as authorities say they are looking to curb high housing costs. The average price of a new home in 100 major cities rose 10.04 percent year-on-year in March to 11,002 yuan ($1,775) per square metre, according to the China Index Academy which compiled the survey, released late Monday. The increase compared with a rise of 10.79 percent in February, according to the academy, the research unit of real estate website operator Soufun.

China home price rises slow in February

Increases in Chinese home prices slowed in February for the second straight month, an independent survey showed Friday. The average price of a new home in 100 major cities rose 10.79 percent year-on-year in February to 10,960 yuan ($1,783) per square metre, according to the China Index Academy, which compiled the survey. The increase compared with a rise of 11.1 percent in January, according to the academy, the research unit of the real estate website operator Soufun.

Rents rising faster in tech hubs than in rest of U.S.

By Sarah McBride SAN FRANCISCO (Reuters) - San Franciscans have long blamed the technology sector for rising rents. Now, a study from real-estate company Trulia backs them up. Rents are rising faster in U.S. tech hubs than in the rest of the country, Trulia said in a report released Thursday. In January, it said, rents rose 3.3 percent in the nation's 100 biggest metropolitan areas in January, but they rose by an average of 5.7 percent in the 10 biggest tech hubs.

China home price rises speed up in December

Increases in Chinese home prices accelerated further in December, an independent survey showed on Tuesday, while showing some signs of stabilisation as authorities fine-tune policies to keep them in check. The average price of a new home in 100 major cities rose 11.51 percent year-on-year to 10,833 yuan ($1,789) per square metre, according to the China Index Academy, which compiled the survey.

China home price rises accelerate in October

Chinese home prices rose faster in October than the month before on strong demand and the launch of new housing projects, an independent survey showed Friday. Average prices of new homes in 100 major Chinese cities jumped 10.69 percent year-on-year to 10,685 yuan ($1,753) per square metre, said the China Index Academy, which compiled the survey. That was higher than the 9.48 percent rise in September and 8.61 percent increase in August, said the academy, the research unit of real estate website operator Soufun.

U.S. home prices rise in Aug, yearly gain best since 2006: S&P

NEW YORK (Reuters) - U.S. single-family home prices rose in August and also posted their strongest annual gain in more than seven years, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas rose 0.9 percent on a seasonally adjusted basis, beating economists' expectation of a 0.6 percent gain. Prices rose 0.6 percent in July. On a non-adjusted basis, prices rose 1.3 percent.

China house price increases gain speed in September

Chinese property prices increased at a faster rate in September than the previous month as the effect of price-control policies weakened, a survey said on Monday. The average price of new homes in 100 cities rose 9.48 percent year-on-year to 10,554 yuan ($1,700) per square metre, according to the independent China Index Academy. The rise was faster than the 8.61 percent year-on-year increase in August, according to the Academy, which is owned by Soufun Holdings, China's largest real estate website operator.

Analysis: Higher prices sap foreign interest in U.S. real estate

By Julie Haviv NEW YORK (Reuters) - Foreign investors, who rapaciously scooped up U.S. real estate during the 2007-2009 recession, are backing away from the same markets they so eagerly jumped into a few years ago. Real estate brokers say demand from international investors has flagged in locations that have been most attractive to overseas buyers - markets such as San Francisco, Phoenix, Las Vegas and Miami.

China's home prices pick up in May

Home prices in major Chinese cities continued to rise year-on-year for the sixth consecutive month in May, an independent survey showed Monday. The average cost of a new home in 100 major cities rose 6.9 percent from a year earlier to 10,180 yuan ($1,647) per square metre in May, the China Index Academy said in a statement, compared with 5.34 percent growth in April. On a monthly basis, home prices climbed 0.81 percent in May from April, the academy said, adding growth narrowed from one percent in April owing to new government regulations and weaker home sales.

China's new property rules hit real estate stocks

Chinese property developers' shares fell on Monday over worries about the impact of new government measures to control house prices announced last week. Homeowners who sell their properties will have to pay a capital gains tax of 20 percent on their profits, the State Council, or cabinet, said in a statement late Friday. China previously taxed homeowners one to two percent of the sale price.
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