China's new home prices increased in December, posting the highest gain in 2013, even with the country's largest cities introducing measures to cool the market.
Average new home prices increased 12 percent from last year to 10,833 yuan ($1,789) per square meter in December, SouFun Holdings Ltd., China's biggest real estate website owner, told Bloomberg.
The figure was a 0.7 percent increase from November.
Premier Li Keqiang has shied away from adding national property curbs for fear of negative economic impact, analysts say.
However, governments of the country's most expensive cities have been taking action to reign in rising home prices. Last month, the Shanghai government introduced measures including increasing the minimum down payment for second-home purchases from 60 percent to 70 percent.