The pace of sales in some cities has been frenetic. In Guangzhou, first-hand residential transactions rose 108.2 percent in April over year-earlier figures.
In Shanghai, overall sales rose 65.5 percent in April, which included a growth of 77.8 percent in residential sales.
While the average price of housing in 70 major cities continued to fall by 1.1 percent year-on-year in April, it increased 0.4 percent over March.
