China's housing prices dropped by 0.7% in April

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Source: China.org.cn
Average property prices in 100 largest China's cities decreased by 0.71% yer-to-year in April, indicating the first annual fall since June 2011. Considering monthly moves, auto sales tumbled by 0.34%, signaling the eighth decline in a row, reported the China Real Estate Index System. The data indicated further slowdown in China's property market amid continuous restrictive measures of the government.



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Thu, 03 May 2012 08:39:52 GMT

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