NEW home prices rose faster in November, the transaction volume of new housing and secondhand housing purchases increased, and a number of other indicators improved, demonstrating the effectiveness of a string of policies aimed at boosting China's property market.

The national real estate market has entered a good stage of stabilization and reversed its downturn, which fully shows that the current series of policies is accurate and effective, Yan Yuejin, research director at Shanghai-based E-house China R&D Institute, told the Global Times on Sunday.

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