China's home prices remain stable in July

BEIJING, Aug. 15 (Xinhua) -- Home prices in major Chinese cities remained stable in July as government continued stepping up property curbs, the National Bureau of Statistics (NBS) said on Wednesday.

Four first-tier cities, namely Beijing, Shanghai, Shenzhen and Guangzhou, saw new home prices rise 0.2 percent in July from a year ago, compared with flat prices registered in June, according to the NBS.