Chinese June home prices rose in 25 of 70 tracked cities falling in 21, the best result in 11...

|By:, SA News Editor

Chinese June home prices rose in 25 of 70 tracked cities falling in 21, the best result in 11 months, according to the government. The data matches private surveys which are also showing a turnaround in the housing slowdown. The news wasn't enough to help property shares, which fell 3.3% in Shanghai. TAO -1.3%.