One more Chinese city introduced reference prices for second-hand homes

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One more Chinese city introduced reference price mechanism for second-hand home transactions in the latest move to tame home price growth and curb risks in the housing market.

Housing authority in Dongguan city, South China's Guangdong province, released reference prices for second-hand homes in 218 residential communities, according to a notice released on Friday.

The reference prices were set . . .

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