In May, 43 out of the 70 cities saw a month-on-month drop in new home sales prices, down from 47 in April, data from the NBS showed.
New home prices in four first-tier cities -- Beijing, Shanghai, Shenzhen and Guangzhou -- edged up 0.4 percent month on month in May, widening 0.2 percentage points from that in April.
A total of 31 second-tier cities witnessed a month-on-month decline of 0.1 percent in new home prices, while 35 third-tier cities saw a month-on-month decline of 0.3 percent in new home prices.
Prices of resale homes in the four first-tier cities remained unchanged month on month in May. Second-tier and third-tier cities saw their prices of resale homes edge down 0.3 percent and 0.5 percent on a monthly basis, respectively.
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