Tight credit for developers, buyers keeps lid on home prices


China Daily

Publication date: 

Wednesday, 2 April 2014


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External to ACUI

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Property prices in 100 major cities are stabilizing, with month-on-month gains continuing to ease, the China Index Academy said on Tuesday. The average price increased 0.38 percent to 11,002 yuan ($1,774) per square meter in March, the 22nd month in a row of gains. But the increase was 0.16 percentage point less than in February. Prices rose in 63 cities.