China's house prices declined in main cities

Note: This section contains information in English only.
Source: Marketwatch
China's new house prices dropped further in major cities in April, signaling on cooling real estate sector. In April, 43 cities posted a fall in overall property prices on a monthly basis while 46 cities reported year-to-year declines, announced the National Bureau of Statistics. Experts claim that restricting measures adopted by the government since 2010 continued to impact the development of real estate sector in the country.


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