China’s home prices fell for 10th straight month in June, though at slower pace amid easing property curbs

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China's home prices continued to decline in June, but at a slower pace, after many local governments relaxed property curbs to support the struggling housing market.

New home prices in the 70 major cities slipping 0.1% from the previous month, compared to 0.17% drop in May, showed calculations by the E-House China R&D Institute based on the data released by the National Bureau of Statistics on Friday. The prices were down1.3% from a year earlier.

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