China’s home prices grew at the fastest pace in eight months in April after curbs failed to stem buyer enthusiasm.
New home prices in 70 cities, excluding state-subsidised housing, rose 0.48 per cent last month from March, when they gained 0.41 per cent, National Bureau of Statistics figures showed on Monday. Values in the secondary market, which faces less government intervention, climbed 0.4 per cent, the same pace as a month earlier.