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Property prices up 7.1% in June

Updated: 2007-07-26 17:00

A ballon rises in front of buildings in Shanghai. Property prices in the country's 70 large and medium cities rose by 7.1 percent on a yearly basis last month despite the government's efforts to cool down the market, the National Development and Reform Commission (NDRC) said Monday, July 23, 2007. [newsphoto]