Despite the faster than expected rise in prices through January, the sentiment of the home buyers doesn't seem to have been deterred at all.
In fact, Shanghai is reporting new home sales have risen to some 165 thousand square meters just over the last week.
The average price, meanwhile, is said to have climbed 3.9 percent - reaching nearly 23,300 yuan per square meter.
Huang Yu, who's the Executive Vice President of China Index Academy, actually says the price rise won't continue for long.
"The housing prices will start to decline in the second half of this year. It won't stay at the current growth rate and keep going up as everyone feared. There's no possibility fo
