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China's failing home curbs risk bubble that may hurt economy

New home prices rise the most in six years in August, jumping 1.2 per cent from July

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Risks aside, property has given the economy a boost that has helped the expansion continue to prove doubters wrong and offset weakness in exports and other areas.

Shanghai

CHINA's attempts to slow runaway home-price growth in major cities are showing little sign of success, stoking the threat of a housing bubble that could destabilise the economy.

New home prices rose the most in six years in August, jumping 1.2 per cent from July, according

sentifi.com

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