China continued to see a generally stable housing market in March, with the month-on-month growth of home prices in first-tier cities declining, official data (link in Chinese) showed on Friday. 

New home prices in four first-tier cities – Beijing, Shanghai, Shenzhen and Guangzhou – rose by 0.3 percent month on month in March, according to the National Bureau of Statistics. 

Guangzhou's new home prices declined 0.1 percent month on month in March, while new home prices in Beijing, Shanghai and Shenzhen increased by 0.4 percent, 0.3 percent and 0.8 percent respectively compared to a month ago. 

Prices of second-hand homes in the four cities went up by 0.4 percent last month from February, with a decrease of 0.1 percentage points from the previous month.

New home prices in 31 second-tier cities remained flat compared to February, while those in 35 third-tier cities witnessed a month-on-month decrease of 0.2 percent last month.

(With input from Xinhua)