Chinese Home Prices Momentum at 2-Year Low

Chinese new home prices rose 0.25 percent in February. 44 cities saw rising prices, 10 were flat, 16 fell. This is the bottom end of the range for home price momentum across China over the past two years. On average, home prices fell in the first-tier cities and the "formerly hot" second tier cities.

Existing home prices rose 0.20 percent nationally, with 49 cities seeing rising prices.

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