Chinese home prices rose along with the number of transactions last month as buyers rushed to beat expected government measures to cool the property market.

Prices of new projects and second-hand homes rose an average of 1.2% month on month in 70 major cities, compared with a 0.7% gain in October, and were 5.7% higher than November last year, according to the National Bureau of Statistics.

Dickson Wong Hung, a deputy general manager at Centaline (China), said sales increased significantly last month, with transactions in Beijing's secondary market reaching a record 31,000.

South China Morning Post