New home prices fell month on month in 64 of the 70 cities tracked by the National Bureau of Statistics. Photo: Reuters

Prices for new homes in China drop in record 64 cities

Relaxation of curbs in more than 30 cities fails to stimulate buying demand for new homes as the downturn worsens

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New home prices fell month on month in 64 of the 70 cities tracked by the National Bureau of Statistics. Photo: Reuters
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