China Real Estate Index System, which compiles the data together with online real-estate brokerage firm SouFun Holdings Ltd.

WSJ: China Housing Market Shows Signs of Warming

According to the China Real Estate Index System, prices of second-hand homes rose 2.81% from February this year.

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Average housing prices in China rose 3.9% in March from a year earlier, according to China Real Estate Index System, a private data provider.

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Data from China Real Estate Index System showed that property prices in 72 cities posted a decline in February compared with January, whereas prices in 27 cities rose.

WSJ: China Housing Prices Fall Again

The China Real Estate Index System (CREIS) data indicates that the property market is being supported by monetary policy easing, as well as efforts by the local governments to stimulate housing purchases.

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Meanwhile, the value of land sales in 130 Chinese cities fell 13% in 2011 to 1.86 trillion yuan, with residential land sales plunging 24% to 1.24 trillion yuan last year, China Real Estate Index System said in a separate note earlier.

WSJ: China Home Prices Fall Again

Average housing prices in 100 major Chinese cities fell by a slower pace on a month-to-month basis in May, slipping 0.31% from April when they were down 0.34% from March, according to the China Real Estate Index System, a private data provider.

WSJ: China Housing Market Shows Signs of Warming