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China home price growth eases for 4th straight month

January data suggests steady progress in keeping speculative investors at bay

Average new home prices in China's 70 major cities are up 0.2 per cent month-on-month, slowing a touch from December's 0.3 per cent rise.


CHINA'S home price growth slowed for the fourth straight month as demand cooled further in its biggest cities, a welcome sign for policymakers as they seek to defuse bubbles in the world's second-largest economy amid an explosive growth in debt.

Over the past year, the...

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