China says housing prices rose in June


BEIJING: Prices paid for homes in China rose in June for the first time in seven months, adding to signs the world's third-largest economy might be rebounding from its slump, according to data reported Friday.

Housing prices in 70 large and medium-size cities rose 0.2 percent in June from a year earlier and by 0.8 percent compared with May, the Cabinet's National Development and Reform Commission reported.

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