China's property sector likely faces more cooling measures after residential prices climbed for an eighth month in August, but economists say the next step will be striking a delicate balance.
"It's not as simple as coming up with property measures," said Thomas Lam, chief economist at OSK-DMG. "They have been trying to cool down the property market; so far they have not been truly successful."
New home prices across China rose an average 8.3 percent on year in August, higher than July's 7.5 percent annual increase, according to calculations by Reuters based on National Bureau of Statistics data.
(Read more: China home prices rise for eighth straight month)
One of thedifficulties the mainland faces in controlling property prices is that the source of much of the demand is from end-users.