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China: Housing prices rise in more cities

Posted on 19 March 2013

New home prices rose more steeply in more Chinese cities in February, putting the government in an increasingly complex situation of regulating the bubble-ridden market, official data showed Monday.
Of a statistical pool of 70 major Chinese cities monitored by the National Bureau of Statistics, 66 cities saw home prices increase within 3.1 percent in February from a month earlier, while three saw prices remain unchanged and only one reported price falls………………………………………..Full Article: Source


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