Growth of home prices slows in Nov

China's home prices rose further in November, but the growth rate is slowing down as more local governments are rolling out tightening measures.

Average home prices in 100 major cities monitored by the China Index Academy rose 0.68 percent month-on-month to 10,758 yuan ($1,707) per square meter, the 18th consecutive increase since June 2012.

The growth rate, however, was down 0.56 percentage point and hit the lowest level this year, the academy said.