China's housing market continues to ease in October

China continued to see its housing market ease in October under strengthened market regulations, according to the National Bureau of Statistics (NBS) Monday.

New home prices in four first-tier cities stood unchanged in October from September, the same with the month-on-month change in the previous month, according to the NBS data.

A total of 31 second-tier cities saw month-on-month decline of 0.2 percent in new home prices, while 35 third-tier cities saw month-on-month decline of 0.3 percent in new home prices.