(MENAFN) House prices in 70 major Chinese cities have mainly remained stable during last month.
According to the National Bureau of Statistics (NBS), new housing prices in four first-tier cities - Beijing, Shanghai, Guangzhou and Shenzhen - increased 0.4 percent month on month in January, down from the 1.3-percent increase in December.
New house prices jumped 0.7 percent in 31 second-tier cities and increased 0.6 percent in 35 third-tier cities.
Compared with slightly-rising new house prices, prices of resold houses showed more signs of cooling.
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