Home prices in majority of the Chinese cities increased at the beginning of the year, figures from the National Bureau of Statistics showed Friday.
On a monthly basis, new homes prices climbed 38 out of 70 cities surveyed by the government. Prices dropped in 24 cities but remained flat in eight cities.
The biggest hike in prices was noted in Shenzhen, by 4.1 percent and the steepest decrease was seen in Urumqi, by 0.8 percent.
Compared with the same month of the previous year, house prices grew in 25 cities out of the 70 cities in January, while it fell 45 cities.
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