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BEIJING, Aug. 18 (Xinhua) -- China's property sector continued to moderate in July, with fewer cities reporting month-on-month rises in new home prices, an official survey showed Thursday.
Of 70 large and medium-sized cities surveyed in July, 51 saw new home prices climbing month on month, down from 55 in June and 60 in May, the National Bureau of Statistics (NBS) said.
Meanwhile, 16 cities reported month-on-month price declines, up from 10 in June and four in May, according to the NBS data.
On a yearly basis, 58 cities posted new-home price increases and 11 reported falls in July, compared with 57 and 12 in June.
