Beijing has described the property sector as being in a "profound adjustment" that should be eased with measures to smooth market volatility. BEIJING: Average prices of new homes across 100 Chinese cities rose in January, while declines in the secondary market narrowed, a private survey showed on Sunday (Feb 1), following renewed government pledges to stabilise the sector. New home prices rose 0.18 per cent month-on-month, easing from a 0.28 per cent gain in December, according to the China