Real estate prices in 70 major cities in February rose 10.7 percent year-on-year and 0.9 percent month-on-month, reports NetEase, citing the National Bureau of Statistics. Investments in real estate developments nationwide in the first two months totaled 314.4 billion yuan, an increase of 31.1 percent year-on-year. Of the total, investment in commercial housing hit 223.3 billion yuan, an increase of 32.8 percent year-on-year, accounting ... more»

Fixed asset investment in China increased 26.6 percent year-on-year in January and February to 1.3 trillion yuan, reports Chinanews.com.cn, citing the National Bureau of Statistics. Of the 1.3 trillion yuan of fixed asset investment, investment in real estate development increased 31.1 percent year-on-year to 314.4 billion yuan. Retail sales in February rose 17.9 percent year-on-year to 2.51 trillion yuan. The rate of increase in Februa ... more»