Support measures give boost to market
By Wu Yiyao In Shanghai | China Daily | Updated: 2015-04-02 08:04
An ongoing series of policies aimed at supporting the real estate market appear to have an effect, with agents in some cities reporting price rises.
The average price of new homes in 288 cities fell just 0.01 percent in March, the 12th consecutive drop on a monthly basis, according to property services provider China Real Estate Information Corp's monthly monitoring data.
"The index has been falling for a year, but the monthly drop has been narrowing for four months now," the CRIC said.
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