China home prices break falling streak in January

China's housing prices rose in January for the first time in nine months, a survey showed Saturday, breaking a decline that has weighed on growth in the world's second-largest economy. The average price of a new home in China's 100 major cities rose 0.21 percent from December to 10,564 yuan ($1,690) per square metre, according to the independent China Index Academy, the first rise since April 2014. "Overall, with the real estate market expected to continue its turn for the be