Land prices rose over the past quarter at 80 percent of the 150 major commercial and residential locations surveyed by the government, the land ministry said Friday.
The impact of April's consumption tax hike on real estate investment was not as serious as the industry feared, said an official at the
According to results of the survey on the change in land values over the three months to
In the other regions, land prices rose at 22 locations, remained flat at nine and declined at one.
Most Popular Stories
- U.S. Families 'Extraordinarily Vulnerable': Yellen
- Hillary Clinton to Address CHCI Conference
- Larry Ellison Steps Down as Oracle CEO
- Alibaba Prices IPO at $68 a Share
- Apple Locks Itself Out of Devices
- Veterans to Get Training as Solar Panel Installers
- Hispanics Doubt Marco Rubio's Chances
- Wildfires Rage in California
- John Cantlie Delivers ISIS Message to Save Life
- Alibaba: Today China, Tomorrow the World