China’s home prices rose at the fastest pace in a year in September and inflows of foreign direct investment quickened as a recovery gathered pace in the world’s third-biggest economy.

Home prices in 70 cities climbed 2.8% from a year earlier, the National Bureau of Statistics said on its Web site today. FDI jumped 18.9% to $7.9bn, the Ministry of Commerce said at a briefing in Beijing.

bloomberg.com