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China home prices rise faster in May as smaller cities join rally

June 19, 2016 by · Leave a Comment 

Sizzling home price rises in China's biggest cities showed signs of easing in May but sharp gains appeared to be spreading to smaller cities, making policymakers' job harder as they look to support the faltering economy without inflating bubbles. The recovery in China's property market since late last year has been a rare bright spot in the world's second-largest…

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China home prices rise faster in May as smaller cities join rally