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China's property market picks up in November

(Xinhua) Updated: 2015-12-18 10:58

China's property market picks up in November

Chinese homebuyers look at models of residential apartment buildings during a real estate fair in Shanghai, December 13, 2014. [Photo/IC]

BEIJING - China's real estate sector continued to recover in November, with new home prices in an increasing number of surveyed cities registering month-on-month rises.

Of 70 large and medium-sized cities surveyed in November, new home prices climbed month on month in 33, up from 27 in the previous month, the National Bureau of Statistics (NBS) said Friday.

Meanwhile, 27 reported month-on-month price declines, down from 33 in October, according to NBS data.

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