Residential buildings under construction on the outskirts of Shanghai are seen from the air on March 14. In April, new home values in 70 major Chinese cities grew at their fastest pace in eight months. Photo: BloombergResidential buildings under construction on the outskirts of Shanghai are seen from the air on March 14. In April, new home values in 70 major Chinese cities grew at their fastest pace in eight months. Photo: Bloomberg

Residential buildings under construction on the outskirts of Shanghai are seen from the air on March 14. In April, new home values in 70 major Chinese cities grew at their fastest pace in eight months. Photo: Bloomberg

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