IANS | 18 Feb, 2012
Property prices in major Chinese cities
continued the downward trend in January as the government's tightening measures
remain in place.
In January, 48 cities out of the statistical pool of 70 major cities saw drops
in new home prices from December, while home prices in 22 cities remained
unchanged, the National Bureau of Statistics (NBS) said Saturday in Beijing.
On a year-on-year basis, 15 cities saw price declines in January, up from nine
in December, reported Xinhua.
