China's property prices declined again in February

Source: BBC
The real estate prices in the major China's cities have declined for the fifth month in line, signaling on the success of the policies aimed at tightening property market. The new house prices in 45 out of 70 main cities have decreased last month, reported the NBS. However, the government claims the real estate market is still overpriced and the prudent property policies will be continued.

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