原文标题：August sees property prices fall in China
发布时间：09-20-2011 08:35 BJT





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National Bureau of Statistics
Hou Nai



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More Chinese cities reported lower or unchanged property prices in August amid cumulative government efforts to cool down the market, that's according to the National Bureau of Statistics. But despite the policy's success so far, experts are warning that long-term risks remain. Hou Nai explains. Property prices in August in 46 out of 70 monitored major cities declined or stayed flat. Just 31 cities reported similar market conditions in July. Prices for new homes dropped in 16 cities in August up from 14 in July. The figures show that for two months running, China's top four cities saw unchanged property prices -- a clear indication that tightening measures have had some effect. However, experts warn this is just a temporary solution.