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House price rises cool down in major cities

By Sharon Roberts,2014-02-07 17:57
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House price rises cool down in major cities Although new home prices rose year-on-year in 69 of the mainland's 70 major cities in May, analysts said adherence to property curbs will eventually stabilize housing prices. The National Bureau of Statistics said on Tuesday that of the 70 major cities it tracks, only Wenzhou in Zhejiang province experienced a drop in new-home prices..
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