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Major Chinese cities see big price rises for new homes in November

Prices for newly built homes in major Chinese cities increased in November, according to the data released by the National Bureau of Statistics on Friday. Among the 70 cities surveyed, 33 major cities saw the price of new homes rise at a faster rate than price increases in October, with gains increasing by 0.2%. This comes after four months of a slowing down of new house price inflation.

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