Pursuits
China Home Prices Fall in Fewer Cities as Demand Grows
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New-home prices fell in fewer Chinese cities last month as some areas benefited from a recovery in housing sales after the government eased property curbs and cut interest rates for the first time since 2012.
Prices dropped from a month earlier in 65 of the 70 cities tracked by the government, the National Bureau of Statistics said in a statement today. That compares with declines in 67 cities in November.