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China home prices still on steady growth as buyers shrug off govt curbs

Average new home prices in China's 70 major cities rose 0.3% in November from the previous month

But as mega-cities like Beijing impose increasingly stringent measures, speculators move to smaller centres where authorities offer cheap credit and impose few restrictions.


NEW home prices in China extended another month of steady growth in November, after picking up slightly in October, shrugging off a range of government measures to rein in an overheated property market as price gains in smaller cities widened.

China's housing market has...

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