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China's home prices continue to rise

China's property market continued to soar in March, with most of surveyed major cities reporting month-on-month rises in new-home prices. Of the 70 large and medium-sized cities surveyed, 62 saw new-home prices climbing month-on-month, up from 47 in the previous month, the National Bureau of Statistics said on Monday. Meanwhile, eight cities reported month-on-month price declines, down from 15 in February.