BEIJING, Dec. 16 (Xinhua) -- Home prices in 70 major Chinese cities remained generally stable in November, official data showed Monday.
New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- increased 0.6 percent month on month in November, 0.5 percentage points faster than the previous month, the National Bureau of Statistics said.
In 31 second-tier cities, new home prices rose 0.2 percent in November from October, 0.3 percentage points lower than the previous month.
New home prices rose 0.5 percent in 35 third-tier cities in November from October and the growth pace was 0.1 percentage points lower than the previous month.
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