BEIJING: China's new home prices rose at a slightly faster pace in April, adding to signs that the country's property market is slowly recovering as coronavirus lockdowns are eased and the world's second-largest economy reopens.
Average new home prices in China's 70 major cities rose 0.5% in April from the prior month, following a 0.1% increase in March, Reuters calculated based on National Bureau of Statistics (NBS) data.
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