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Property

Most Chinese cities record fall in home prices

Drop reflects worries about health of the country's property developers

Average property prices declined 0.5% in September from the previous month, according to annualized seasonally adjusted calculations by Goldman Sachs.   © Reuters

SHANGHAI -- Home prices fell last month in most of China's largest cities, signaling that worries about the future of the country's debt-strapped property developers are driving homebuyers to the sidelines.

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