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China's home price rise cools to 8-month low

Analysts say this shows stabilisation and expect easing trend to continue this year

Beijing CHINA'S home price inflation slowed to an eight-month low in March, extending to a third month a loss of momentum in a property market that has been a strong spot in the world's second-largest economy. Average new home prices in China's 70 major cities rose 7.7 per cent in March from a