Property prices rise in cities surveyed

Market likely to slow down once new measures take hold, analysts say

BEIJING - The National Bureau of Statistics (NBS) said 68 out of 70 tracked cities reported higher prices for new homes in January from a year earlier but the market is likely to slow down, analysts said.

Ten out of the 70 surveyed cities saw prices rise by more than 10 percent, the NBS said on its website on Friday.