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House prices in all Chinese cities except Wenzhou increased in October as the government abstained from initiating new property curbs.
House prices rose in 69 out of 70 cities tracked by the government, data published by the National Bureau of Statistics showed Monday.
On a yearly basis, prices surged 20.2 percent in Shenzhen and 17.8 percent in Shanghai. And it gained 16.4 percent in Beijing.
Month-on-month, house prices increased in 65 cities in October. Prices remained unchanged in three cities and declined in two.
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