China new home prices fell at slower pace in December

Average prices in 70 major cities declined 0.2%

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China's property market has slowed since June 2021 as regulators stepped up their deleveraging campaign against the bloated sector © Reuters

BEIJING (Reuters) -- China's new home prices fell more slowly in December than a month earlier, official data showed on Saturday, as marginal easing on financing curbs, and promotions by property developers helped to stabilise demand.

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