BEIJING Travis Konecny Jersey , Dec. 18 (Xinhua) -- China's property market held broadly steady in November with home prices edging down in major cities amid tough purchase restrictions and a tight liquidity environment, the National Bureau of Statistics (NBS) said Monday.

New residential house prices went down on a yearly basis in 11 of the 15 major cities, considered the "hottest markets." On a month-on-month basis, new residential housing prices fell in 7 of the 15 cities, while Beijing, Shanghai Ivan Provorov Jersey , Zhengzhou and Wuhan saw prices flat with October.

NBS statistician Liu Jianwei said that housing prices stayed generally stable in major cities as differentiated control policies continued to take effect.

In first-tier cities where the curbs are strictest, home prices continued to soften, with new residential housing and second-hand home prices down 0.1 percent and 0.2 percent, respectively, from a month earlier.

In contrast, the property market in second- and third-tier cities is showing signs of picking up Jakub Voracek Jersey Sale , with new residential housing prices gaining 0.5 percent and 0.4 percent, respectively, from October.

The data provides evidence that government cooling measures to prevent asset bubbles in the property market are producing the desired outcomes.

Since late last year, dozens of local governments have passed or expanded restrictions on house purchases and increased the minimum downpayment required for mortgages.

The property market was also cooled by relatively tightened liquidity conditions as the government moved to contain leverage and risk in the financial system.

Chinese authorities have constantly reiterated that "houses are built for living in, not speculation," pledging to step up housing system reform and foster a long-term market mechanism.

fire erupted on a school bus after it backed into a ditch in western Iowa early Tuesday Shayne Gostisbehere Jersey Sale , killing a student and the bus driver, investigators said.

No one else was on the bus when the fire erupted around 7 a.m. southeast of Oakland, which is about 35 miles (56 kilometers) east of Omaha, Nebraska.

Investigators said the bus caught fire after it backed out of a farm driveway and into a ditch across the road. The bus was engulfed in flames when firefighters arrived.

The remains of the driver and a student were found after the fire was extinguished, Pottawattamie County Sheriff's Lt. Rob Ambrose said. The cause of the fire remains under investigation.

Initial reports on the fire indicated that as many as 20 people may have been on the bus, but Ambrose said only the student and the driver who were killed were in the bus at the time of the fire.

Authorities identified the driver as Donnie Hendricks Claude Giroux Jersey Sale , 74, of Carson, Iowa. The student was identified as Megan Klindt, 16. She lived at the farm where the fire happened.

The bus was from the Riverside Community School District, which has about 700 students from Oakland and two other nearby towns. District officials said grief counselors were available Tuesday to help students and staff cope with the deaths.

"This morning, the Riverside Community School District suffered a tragedy when we lost a student and an employee in a school bus accident Wayne Simmonds Jersey Sale ," Superintendent Timothy Mitchell said in a statement. "Our hearts go out to their families and loved ones."

The district didn't cancel classes following news of the fire, but it postponed all after-school activities scheduled for Tuesday.

Bailey Rose, 18, told the Omaha World-Herald she took a weightlifting class with Klindt last year and remembers her caring and energetic nature.

"I know it's even harder for family members to deal with that kind of loss," Rose said. "Friends are dealing with it hard, but family is dealing with it harder."

Agencies

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