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China’s official data provides more signs pointing to warming housing market

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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