Last December, average new home prices in China's 100 major cities were 17,084 yuan per square meter ($2,430 per sq. m.), up 0.28 percent month-on-month and up 2.58 percent year-on-year, the CIA, China's largest independent real estate research organization, announced.
Between Meanwhile, in December last year, the average price of secondary housing in China's 100 major cities was 13,016 yuan per square meter ($1,851.5/sq. m), down 0.97 percent from the previous month, 0.03 percentage points faster than the decline recorded in November last year, and 8.36 percent less than last year's 0.41. percentage points faster than the year-over-year decline recorded in the previous month.
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