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China's home prices stable on tight curbs

Home prices in major Chinese cities remained stable in September as local governments continued with tight property curbs, data showed Saturday.


On a month-on-month basis, four first-tier cities - Beijing, Shanghai, Shenzhen and Guangzhou - saw declines in prices for both new and existing homes, according to the National Bureau of Statistics.


New and existing home prices in second-tier and third-tier cities increased at a slower pace from a month earlier, the data showed.

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