The
price of new houses in China in 70 major cities rose on average 6.6% in October over last year.
Beijing houses saw the greatest increase in costs, up 10.7% in one month!
Xiamen - 10.5%, Shenzhen - 9.9%, Fuzhou - 9.6%, Shenyang - 9% and Guangzhou - 8.8% followed.
Shanghai saw the price of new houses DROP by 0.6%.
http://www.panasianbiz.com/2006/11/chinas_new_housing_prices_clim.html