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Home prices decline in most cities in March

Updated: 2012-04-18 10:30


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BEIJING - New home prices declined in most of 70 major Chinese cities in March, the National Bureau of Statistics (NBS) said Wednesday.

In March, 46 cities out of the statistical pool of 70 major cities saw drops in new home prices from February, while new home prices in 16 cities remained unchanged, the NBS said.

Eight cities, up from four in February, saw gains in new home prices, the NBS noted.