From Reuters
"China's home prices fell in April for the eighth month in a row while transactions also declined in most cities, a private sector survey showed on Wednesday.
The average price of 8,711 yuan ($1,400) per square meter across 100 cities was 0.34 percent lower than March and 0.71 percent lower than April 2011, marking the first year-on-year fall since June 2011, said the China Real Estate Index System, a consultancy affiliated with China's largest online real estate company, Soufun Holdings."
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