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China’s average new home prices in December rose 12% from last year to RMB10,833 ($1,789) per square meter, according to SouFun Holdings Ltd. Beijing and Guangzhou posted the largest year-on-year gains, where home prices rose around 28%. Tianjin saw the smallest price increase of 6.1% on a year-on-year basis. Xiangtan city in Hunan province gained […]

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