Most Chinese believe property prices are still unacceptably high, despite government cooling measures. That's according to a recent survey by the country's central bank.

More than 70 percent of Chinese households think property prices are too high, up 7 percentage points from one year earlier. The third-quarter survey was conducted across 50 Chinese cities.

The National Bureau of Statistics has announced property prices in 70 major Chinese cities rose 9.3 percent in August year on year. New home prices are up more than 11 percent in August, while prices of pre-owned homes jumped more than 6 percent.