Home prices in China continued to rise for the second consecutive month in June on a monthly basis, with an increase of 0.4%, indicating that the government's efforts to boost the struggling real estate sector have begun to gain momentum.

Observers interpret the rise in prices as a sign of recovery in some sectors of China's national economy, especially growing per capita income, and will reduce fears of a sharp slowdown in the Chinese economy, and China announced last week an annual growth of 7% in the second quarter of this year, which reinforces the idea of growing per capita income in the State of China.

Observers interpret the rise in prices as a sign of recovery in some sectors of China's national economy, especially growing per capita income.