In the 70 major cities in China, prices rose by 1% in July each year. Such data led National Development and Reform Commission and National Bureau of Statistics. Thus, the trend of rising prices that had started in June, when the average price of housing rose by 0.2% in July remained. Prior to this price is continuously decreased over 6 months. These improvements are largely due to the measures being taken by the government of the country in order to improve the situation in the real estate market. In particular, the government of various tax incentives, especially for buyers in the primary market were introduced.
