Property prices in 70 large and mid-size cities in China rose 5.3% in September, 0.2 percentage points slower than in August, marking the third month in a row that price growth has fallen, the <i>Wall Street Journal</i> reported. Shenzhen recorded the fastest price rises, according to statistics released by the National Development and Reform Commission, posting an 11.9% year-on-year increase in September, down from 12.9% in August. Prices in Beijing were up 9.5% following a 9.9% rise in August. Only Shanghai posted a year-on-year decrease with prices slipping 0.7% in September after a 0.9% fall the previous month.
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