China home price data - "property curbs ... are taking effect"

While house prices continued to rise in China in January, the pace slowed again:

• All China new home prices +0.2% m/m in January (prior +0.3%) - Reuters calculation

• China home prices increased last month in the fewest cities in a year,
• Signaling property curbs to deflate a potential housing bubble are taking effect
• Chinese authorities have expanded curbs on home purchases
• And tightened restrictions on property lending
• In an attempt to avoid a housing bubble and reduce financial risks
• Some bank branches in Beijing, Guangzhou and Chongqing have raised mortgage rates for first-time buyers, people familiar with the matter said earlier this month

Those points are from Bloomberg's recap of the data, more here