China's home price growth moderates in June

TAIYUAN, July 18, 2016 (Xinhua) -- Photo taken on July 17, 2016 shows residential buildings in Taiyuan, capital of north China's Shanxi Province. China's property sector continued to recover but at a slower pace in June, with fewer cities reporting month-on-month rises in new home prices, an official survey showed Monday. Of 70 large and medium-sized cities surveyed in June, 55 saw new home prices climb month on month, down from 60 the previous month, the National Bureau of Statistics (NBS) said. (Xinhua/Zhan Yan)