Home prices fall in a third of key cities

Yearly trend likely to continue, analysts say after NBS survey

More than a third of major cities saw property prices fall in February, on a yearly basis, and analysts said the trend will continue amid government curbs.

Of the 70 large and mid-sized cities tracked by the government, 27 saw new home prices fall year-on-year, compared with 15 cities in January, the National Bureau of Statistics (NBS) said on Sunday.