Data from the Chinese National Bureau of Statistics show that new - home prices rose by 0.1 % in October from a year earlier , reversing a 14 month trend . Despite sharp increases in 16 cities , including Guangzhou and Shanghai , 54 other cities experienced a decrease in prices , indicating that the wider problem of oversupply and underdemand remains . The Chinese government has been applying stimulus to the economy since the stock market troubles earlier this year , which reports have suggested could be causing a major bubble in the property markets of some of China 's largest cities .
Data from the Chinese National Bureau of Statistics show that new-home prices rose by 0.1% in October from a year earlier, reversing a 14 month decline. Despite sharp increases in 16 cities, including Shanghai and Shenzhen, 54 other cities experienced a decrease in prices, indicating that the wider trend of oversupply and underdemand remains. The Chinese government has been applying stimulus to the economy since the stock market troubles earlier this year, which reports have suggested could be causing a major bubble in the property markets of some of China's largest cities.