The NDRC, the country's top economic planning organ, said the growth rate had slowed down for six consecutive months.
The price rise was 11.3 percent in January, 10.9 percent in February, 10.7 percent in March, 10.1 percent in April, 9.2 percent in May and 8.2 in June.
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Visitors view models of apartment buildings in a real estate fair in Jinan, capital of east China's Shandong Province, on April 5, 2008. |
In July prices of new housing went up 7.9 percent, 1.3 percentage points lower than the month-earlier level. Haikou, Urumqi, Ningbo and Beijing took the lead in price rises.
Seventeen cities experienced prices fall compared with the month earlier, including Haikou, Dali, Shenzhen and Chengdu among others.
Prices of second-hand houses gained 6.0 percent year on year, 1.5 percentage points lower than June.
New housing for non-residential use was priced 4.9 percent higher than last July, with prices of office buildings up 6.7 percent and those of commercial real estate up 4.1 percent.
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