BEIJING — Prices of new homes in China rose at a slightly faster pace in December, a private survey showed on Wednesday, as the crisis-hit property sector struggles to find a bottom on the heels of a slew of supportive government policies.
The average price of new homes across 100 cities edged up 0.37 percent from a month earlier, compared with the 0.36 percent rise in November, according to data from property researcher China Index Academy.
