China's real estate prices rise in half the cities

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Source: Bloomberg
© Scanpix/Reuters
China's real estate prices were higher in the half of cities in October, comparing with a previous month, indicating that the government will probably refrain from relaxing the restrictions on the property market. According to the government's announcement, the curbs will stay, as the domestic market shows steady sales and mild price growth, and that is exactly what authorities want to see in the expanding China's economy.
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