New home prices in the 70 cities in the mainland rose by 10.7% for two years.

The prices of new residential buildings in 70 large and medium-sized cities in China continued to rise. In April, property prices rose by 10.7% year-on-year. They rose for 43 months, reaching a two-year high. They rose 0.6% month-on-month and rose for 48 months. The month is flat. Liu Jianwei, senior statistician of the Municipal Bureau of the State Administration of the State Council, said that during the period, the local government further implemented the long-term regulation mechanism of the city government’s main responsibility, and the real estate market basically continued to stabilize.

According to the National Bureau of Statistics, the prices of new commercial housing in first-tier cities rose by 0.6% month-on-month, an increase of 0.4 percentage points, of which Beijing, Shanghai, Guangzhou and Shenzhen rose by 0.5%, 0.3%, 1.1% and 0.4% respectively. The annual plan also rose 4.7%. As for the price of new commercial housing in 31 second-tier cities, the price rose by 0.8% month-on-month, an increase of 0.2 percentage points from the previous month and an increase of 12.3% year-on-year.

In addition, the prices of new commercial residential buildings in 35 third-tier cities rose by 0.5% month-on-month, an increase of 0.2 percentage points from the previous month and 11.3% year-on-year. Liu Jianwei said that the sales price of new commercial residential and second-hand residential in first-tier cities increased slightly month-on-month. The sales price of new commercial residential buildings in second-tier cities increased, and the growth rate of second-hand housing declined. The growth rate of new housing prices in third-tier cities declined, and the growth of second-hand housing expanded slightly.

Zhang Dawei, chief analyst of Zhongyuan Real Estate, believes that the emergence of “Golden Three Silver Four” has caused the property market to spread in Xiaoyangchun, mainly due to the relatively loose credit policy and talent policies in some regions. He pointed out that more than 15 cities have tightened since April. Regulation and control policies, restrictions on sales and the accumulation of housing to strengthen the housing, because no matter whether the property price rises or decreases, it is not stable.