Mainland China property prices rose from year-earlier levels in June for the first time in seven months, providing further evidence of a sustained improvement in the real estate sector.

Prices in 70 cities rose 0.2% in the 12 months to June, compared with a fall of 0.6% in the 12 months to May, the National Development and Reform Commission, the country’s economic planning agency, said on Friday.

On a monthly basis, prices were up 0.8% in June, compared with a rise of 0.6% in May, the commission said on its website,

South China Morning Post