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China's August home prices rise for first time in 2015: surveys

Wednesday, September 2, 2015 - 05:50
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China's housing market has steadied in recent months after a year-long slump, propped up by a barrage of government support measures since last September.

Beijing

CHINESE home prices rose in August for the first time this year compared with year-ago levels, two private surveys showed on Tuesday, adding to signs of recovery in the property sector that could take some pressure off the slowing economy.

Prices of new homes in 288 cities