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China's home prices continue to rise in August

Updated: 2013-09-18 10:53
( Xinhua)

BEIJING - New home prices continued to rise in most Chinese cities in August, according to official data released on Wednesday.

Of a statistical pool of 70 major Chinese cities, 66 saw month-on-month new home price rises, with the highest growth rate at 1.7 percent, the National Bureau of Statistics (NBS) announced.

In July, 62 cities recorded month-on-month increase in new home prices, with the highest rate at 2.2 percent.