China's official data shows more cities see home prices get higher in March and the growth accelerated, providing further signs pointing to a warming housing market despite months' regulatory curbs on the real estate sector.
Notably, home prices in smaller tier-three cities rose even faster than in large ones, defying expectations for a cooling housing market.
Of the 70 major cities, 65 cities saw new home prices were higher in March on a monthly basis, compared to 57 cities in February. Dandong city in northeastern China's Liaoning province, posted the biggest gain in new home prices, up . . .
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