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More signs point to a cooling housing market in China


More cooling signs emerge in China's housing market, with home price growth losing momentum, property sales sliding and real estate investment slowing, after the authorities stepped up property curbs to prevent the market from overheating.

Among the 70 major cities tracked by the National Bureau of Statistics, 60 cities saw new home prices rise in July on a monthly basis, according to data released by the bureau on Thursday, fewer than 63 cities in June.

Average new home prices . . .

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