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China’s April residential property prices up 0.4pct

Posted on 04 May 2011

Residential property prices in 100 major cities in China rose 0.40% in April from March, slower than March’s 0.59% increase, China Real Estate Index System said Tuesday.

The data provider said a survey of property developers and real-estate agencies showed that average home prices in April declined to CNY8,773 per square meter from CNY8,738 in March. The survey, which the company compiles together with online real-estate brokerage SouFun Holdings, is watched widely since China scrapped in January a national property price index……………………………………….Full Article: Source


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