Around 70 percent of Chinese people across 50 cities say they find current prices in real estate "hard to accept". On a more general note, more people also say they are dissatisfied with rising prices across the board. Let's get more details including spending and saving patterns from the latest survey by the central bank.

Close to 70 percent of those surveyed consider current housing prices "high, and hard to accept", up more than 2 percentage points from the last quarter. In contrast, only 30 percent find prices "acceptable". Meanwhile, nearly half think prices will go up even further.

Lian Ping, Chief Economist, Bank of Communications, said, "Housing prices in first-tier cities have surged too quickly and to levels that are too high. Some have jumped 50 percent in just a few months, suggesting that speculation is a driving force. The State Council has held meetings and discussed measures to control housing prices and dampen speculation, I think this is very necessary."

But on a more positive note, the survey shows more people being optimistic about their income and employment compared with the last quarter. But more are also dissatisfied with rising prices, with only one quarter satisfied with current levels. Nearly half consider current prices for basic goods "high and hard to accept".

On spending patterns, the survey shows more than 40 percent saying they would like to "save more", with another 40 percent choosing to "invest more". Fewer than 20 percent prefer to "spend more".

More than a third say their spending in Q4 is more than the previous quarter, and about the same number say they will spend even more next year. More than ten percent people say they intend to buy cars within the next three months, a record high since the central bank launched the survey ten years ago.

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