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More Chinese cities posted new-home price gains in December

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An increasing number of Chinese cities saw new home prices rise in December. New home prices grew at a faster pace in December, but second-hand home as authorities took steps to ease some property curbs and head off a broader downturn.

Of the 70 cities, 50 cities reported month-on-month gains in new home prices, up from 44 in November, ending a declining streak since June last year, National Bureau of Statistics data showed Thursday . . .

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