House price rises cool down in mainland's 70 major cities
By Wang Ying in Shanghai | China Daily | Updated: 2013-06-19 07:42
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A housing project under construction in Liuan, Anhui province. Home prices continue to rise in China's major cities but at a slower pace, according to the National Bureau of Statistics. Zheng Jinqiang / For China Daily |
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.
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