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Stabilising home prices still priority, said China’s housing regulator

China's housing regulators still view stable home prices as a priority in 2019, pledging to stabilise land and home prices and meanwhile ramp up the supply of rental housing to tackle home-affordability issues, said the the Ministry of Housing and Urban-Rural Development at a work meeting on Monday.

The authority also pledged to develop a greater rental housing market over the course of the year, reported the state-run China Central Television.

China is resolved to address risks in the real estate market and strives to build a long-term mechanism . . .

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