China’s property and sales recorded higher-than-expected growth in June, despite recent government tightening measures, the Wall Street Journal reported. Property development investment was up 32.9% year-on-year in the January-June period, down only slightly from the 34.6% for the January-May period. “The data were generally still stronger than expected, and I think the increased activity in public housing construction was one of the catalysts,” said Johnson Hu, an analyst with CIMB-GK Securities. “In the private market, sales and prices in the second-, third-tier cities are still rising, and policy makers are likely to maintain tight credit conditions to curb that enthusiasm.” The new data comes shortly after stagnating growth earlier in the year prompted concern that China’s property market may have reached a peak.