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China house prices fall at slower pace in August

Published Mon, Sep 1, 2014 · 10:00 PM
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[BEIJING] China's home prices fell at a slower rate in August than the previous month, an independent survey showed on Monday, as more local governments loosened purchasing restrictions to prop up sales.

The average price of a new home in 100 major cities was 10,771 yuan (S$2,20…

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