China's new home prices fell for the third straight month in September, a traditionally peak month, official data showed on Thursday, underscoring continued sluggish demand despite government efforts to revive the crisis-hit property sector. New home prices fell 0.2 per cent month-on-month after a 0.3 per cent drop in August, according to Reuters calculations based on National Bureau of Statistics (NBS) data. Prices were down 0.1 per cent from a year earlier, matching August's decline. China has quickened the pace of policy stimulus in recent weeks, such as relaxing borrowing rules and lifting home-purchasing curbs ... (full story)