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New home prices in China fall in more cities
29 out of 70 major cities register declines last month, 5 more compared with a year ago
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Aw Cheng Wei China Correspondent In Guangzhou, Aw Cheng Wei
Prices for new homes in China fell in more cities last month compared with a year ago, as the property market slump in the world's second-largest economy continued despite the government easing measures.
Data from the National Bureau of Statistics released yesterday showed that new home prices fell in 29 out of 70 major cities last month - five more compared with March last year.
