Home prices rise in fewer Chinese cities
Beijing - XINHUA
Fewer Chinese cities saw month-on-month home price rises in February, official data showed on Tuesday. Of a statistical pool of 70 major Chinese cities, 57 cities saw month-on-month rises in new home prices, fewer than 62 cities in January, the National Bureau of Statistics said in a statement. For existing homes, prices increased in 46 cities month on month, down from 48 cities in the previous month, the statement said.
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