Economics
China Home Prices Fall at Slower Pace Amid Easing Measures
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China’s home prices fell at a slower pace in March after authorities took further steps to prevent a worsening of a prolonged downturn in the real estate industry.
New home prices in 70 cities, excluding state-subsidized housing, slipped 0.07% last month from February when they dropped 0.13%, National Bureau of Statistics figures showed Friday. Values in the secondary market declined 0.19%, the slowest pace in six months.