BEIJING, July 15 (Xinhua) -- Major Chinese cities reported falling home prices in June with narrowing declines, official data showed on Monday.
The National Bureau of Statistics said home prices saw narrowed month-on-month drops last month in 70 large and medium-sized cities. On a yearly basis, the country's four first-tier cities, namely Beijing, Shanghai, Guangzhou and Shenzhen reported narrowed declines in second-hand home prices.
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