China home prices continue to stabilize

(Xinhua file photo)

BEIJING, April 18 (Xinhua) -- China's property market in major cities continued to stabilize after the authorities took a string of measures to contain price hikes, according to an official survey released Tuesday.

Of 70 large and medium-sized cities surveyed, 18 witnessed a month-on-month price decline or a slower price uptick in March, said the National Bureau of Statistics (NBS).