Growth in Chinese new home prices slowed in November as the nation´s housing market continues to cool.
Official figures showed growth in new home prices across 70 major cities fell for a twelfth consecutive month, with prices growing at their slowest pace since early 2016.
Chinese new home prices rose 5.1% year-on-year in November compared with 5.4% in the prior month.
The local authorities have been attempting to dampen speculation in the housing market following many years of strong price growth.
On a month-on-month basis, the data showed price falls across ten major cities.