| China mulls more regulation of property market |
| Last Updated(Beijing Time):2012-01-31 15:48 |
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Since then, China's property market has been showing signs of cooling as more cities reported drops in prices of residential apartments by the end of last year.
In December, 52 out of a statistical pool of 70 major cities saw drops in new home prices from November, compared with 49 cities the previous month, the National Bureau of Statistics said recently.
On a year-on-year basis, nine cities out of the 70 saw new home price declines in December, up from four in November. Growth of new home prices eased in 55 cities, it added. |
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