New house prices in China's 100 major cities rose to almost 13,000 yuan ($1,908) per square meter, up 1.65 percent from last month, China Index Academy data showed.
Of the 100 cities surveyed last month, home prices climbed month on month in 79 places, two less than last month. At the same time, 21 cities reported month-on-month price drops, three more than the previous month.
The median price for a new home increased 2.2 percent from last month to 7,306 yuan, up 2.67 percent from a year ago.
More than 20 cities unveiled restrictive measures around the National Day holiday to promote the healthy development of property markets. That appears to be having a preliminary impact, Chinese web portal NetEase has reported.
The restrictions varied from city to city, but included setting higher mortgage down payments for second and third-time home buyers, in a bid to stem the flow of cash into the hot property market.
In terms of demand, irrational speculative demand has been restrained, and sales in some of the most popular cities started to fall recently, the news portal said.
In respect of supply, property developers actively adjusted their marketing strategy and prices of some newly launched projects were pulled back.
In the future, policy control is likely to continue to impact the sector with supply and demand expected to return to normal levels, and home prices should become more stable by the end of the year.
