BEIJING (Reuters) – Prices of new homes in China rose at a slightly faster pace in December, a private survey showed on Wednesday, as the crisis-hit property sector struggled to find a you are under the heels of an assassination in support of government policies.

The average price of new homes in 100 cities rose 0.37% from a month earlier, compared with a 0.36% increase in November, according to data from property researcher China Index Academy. .

On a year-over-year basis, the average price increased by 2.68% in December, compared to 2.40% growth in the previous month.

Official data for house prices will be released by China’s statistics bureau on January 17.

Chinese lawmakers in recent months have redoubled their efforts to revive the sector, which crashed in 2021 after a government-led campaign to crack down on debt-ridden developers that they lost money.

Since September, measures aimed at encouraging home buying include cutting mortgage rates and minimum down-payments, as well as tax incentives.