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China home prices fall in November despite rate cut
Published Sun, Nov 30, 2014 · 09:50 PM
Shanghai
CHINA'S housing prices fell on a monthly basis for the seventh straight month in November, a survey showed on Sunday, with the market yet to feel the full impact of an interest rate cut.
The average price of a new home in China's 100 major cities was 10,589 yuan (S$2,249) per square metre in November, down 0.38 per cent from October, the independent China Index Academy said. The fal…
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