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Price of houses in Jinan rises marginally
On February 1st, China Index Academy released China Real Estate Index System Price Index Report of One Hundred Cities of This January. The report shows that the average price of newly built houses in one hundred cities is 10,564 yuan per square meter, up 0.21%.
In Jinan, the price of houses was increased by 1.23% compared to last December, the average price for the samples is 8,572 yuan per square meter. Some insider said that the data from the National Bureau of Statistics this February will indicate whether the house prices in Jinan will end its decline.