| More Chinese cities saw new home prices rise in April compared with the previous month, and price growth has risen a tad in some major cities despite a fall in transactions, underscoring challenges the central government faces in curbing prices.
Faced with public anger over unaffordable housing prices, China's authorities have progressively implemented a series of measures to rein in speculation in the property market, including restrictions on property sales, stepped-up monitoring of prices and tighter monetary policies..............................................Full Article: Source
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