Housing prices stayed stable in major Chinese cities in April as the government continued tough purchase restrictions, official data showed Wednesday. (Xinhua)
New residential housing prices declined in seven of the 15 major cities monitored by the government in April compared with March, while the eight other cities posted slight month-on-month growth, the National Bureau of Statistics said.
My village is not advanced in the local area. But as I know most of the villagers have purchased at least one home in the town or some promote city leaving the old house empty. Among them there is a hero who has bought two flats in the Shanghai City which are worth ten millions RMB.
Now a great immigration is taking place from the rural to the urban that is hard to refuse although the cost is unbelievable!