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New home prices in China returned to growth in March after stalling during coronavirus lockdown, indicating a recovery of the property market from the damage made by the coronavirus epidemic.
Average new home prices in China's 70 major cities gained 0.13 per cent in March from the previous month, after staying unchanged in February, shows calculation based on the data released by the National Bureau of Statistic (NBS) on Thursday.
On a year-on-year basis, home prices grew 5.3 per cent in March, compared with a 5.8 per cent growth . . .
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