China new home prices grow slightly faster in October, private survey shows
Business
BEIJING: Prices of new homes in China rose at a faster pace in October, traditionally a peak season for house hunting, a private survey showed on Friday (Nov 1), suggesting that recent support measures could be having some early impact in a crisis-hit market. The average price across 100 cities edged up 0.29 per cent, compared with the previous month's 0.14 per cent, according to data released by property researcher China Index Academy. On a year-on-year basis, the average price rose 2.08 per
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