After a quiet first quarter, China's real estate market regained momentum in the April-June period, with investments picking up speed, according to a report published by the Ministry of Land and Resources (MLR) on July 28.
The Q2 composite index for the China Land Index (CLI), released by the MLR to gauge the health of the overall land market, increased 17.4 percent from the previous quarter, or 19 percent from the same period last year.
It marked a rebound from the first three months of the year, when the CLI witnessed a fall in major indices after the Central Government rolled out a string of measures to cool the country's red-hot property market at the beginning of the year. |