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China posts narrowed declines of home prices

Xinhua | Updated: 2024-03-15 11:01
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Potential homebuyers look at property models in Huaian, Jiangsu province. [Photo by Chen Liang/For China Daily]

BEIJING - Major Chinese cities reported falling home prices in February, with narrowed month-on-month declines, official data showed on Friday.

Compared to a year ago, prices in the 70 large and medium-sized cities in general saw price drops due to a high base, the National Bureau of Statistics said in a statement.

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