China house price rises slow in March

BEIJING, Apr 1: Price rises for new homes in China slowed in March for the third straight month, an independent survey showed, as authorities say they are looking to curb high housing costs. The average price of a new home in 100 major cities rose 10.04 percent year-on-year in March to 11,002 yuan ($1,775) per square metre, according to the China Index Academy which compiled the survey, released late Monday.     — AFP