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China's June home sales up 33% on price cuts

Published Wed, Jul 16, 2014 · 10:00 PM
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[SHANGHAI] China's home sales rose 33 per cent in June from the previous month as price cuts by developers lured buyers.

The value of homes sold climbed to 591.2 billion yuan (S$118.3 billion) last month from 446.1 billion yuan in May, according to the difference between the National Statistics Bureau's data for the first half of the year and the firs…

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