China home prices up 0.7 percent


(MENAFN) China home prices in December continued its growth trend for the 19th consecutive month, Xinhua reported. The China Index Academy said that home prices in 100 cities in the country went up by an average of 0.7 percent from the month before it. The academy stated: "While the pace of growth remained little changed from a month earlier, the number of cities registering price gains fell in December and those whose prices grew over 1 percent also declined, indicating a stable market."


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