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Home prices on a rise in China
(MENAFN) Home prices in major Chinese cities have been increased last month, making the country worried of a housing bubble, according to Iran Daily.
The Chinese major cities, Beijing, Shanghai, Shenzhen and Guangzhou, have seen a rise in home prices after changes in calculation method by the government in 2011.
Although prices reached its highest in nine months, the country considers property a popular investment choice.
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