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More Chinese cities see home prices decline

English.news.cn   2014-02-24 09:53:40

BEIJING, Feb. 24 (Xinhua) -- Home prices dropped month on month in more Chinese cities in January, adding to signs pointing to a gradually cooling property sector, official data showed on Monday.

Of a statistical pool of 70 major Chinese cities, 62 saw a month-on-month rise in new home prices, while prices in six cities declined, the National Bureau of Statistics said in a statement.

Only two cities saw prices drop in December, data showed.

Editor: Yang Lina
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