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China’s home price growth slows in Nov dragged by smaller cities

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

Growth in China’s new home prices slowed in November as markets in smaller cities lost some of their heat, though the sector remained relatively resilient amid a broader slowdown in economic activity.

Average new home prices in China’s 70 major cities rose 0.9 percent in November from a month earlier, slower than the previous month’s 1 percent and the weakest since September, Reuters calculations based on an official survey showed on Saturday.

The data marks the . . .

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