More cities see housing price decline in Nov

Updated: 2011-12-18 11:34


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BEIJING - More Chinese cities posted monthly home price declines in November after the government took a slew of measures to curb runaway property prices.

In November, 49 cities out of the statistical pool of 70 major cities saw drops in new home prices from October, compared with 34 cities in October, the National Bureau of Statistics said on Sunday.