House prices still rising
China Daily | Updated: 2013-03-19 07:43
Rising house prices have increased the pressure on the central government as it tries to stabilize economic growth.
The average price of a new house increased in 66 of the country's 70 major cities in February. Among first-tier cities, Beijing, Guangzhou and Shenzhen saw month-on-month growth exceed 2 percent.
China's house prices have been on the rise since last summer and the momentum has increased since November.
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