A man walks past a drilling well for terrene exploration in front of newly built residential buildings on a hazy day in Wuhan, Hubei province November 22, 2013. REUTERS/Stringer
BEIJING (Reuters) - China's home price rises eased for the first time in 14 months in January, the latest sign that the government's over four-year campaign to rein in property risk may finally be starting to bite.
Average new home prices in China's 70 major cities rose 9.6 percent in January from a year earlier, easing from the previous month's 9.9 percent rise, according to Reuters calculations based on data released by the National Bureau of Statistics (NBS) on Monday.
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