Homebuyers facing a mixed picture

Think tank says that real estate prices face another turbulent year

House prices are in for a divergence this year with first-tier cities looking at strong growth.

A report by China's top government think thank said prosperous second-tier cities will also see price increases. But for some second-tier, and most third- and fourth-tier cities, falling home prices are likely to continue, despite moves to stimulate the real estate market.