BUSINESSBLOOMBERG
China New Home Prices Fall at Faster Pace, Damping Rebound Hopes
In July, China's new-home prices fell at a faster pace, which has dampened previous optimism regarding the property sector. This rapid decline casts doubt on the assumption that the prolonged property downturn was nearing its bottom.
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- China’s first-tier home prices extend 4-month rebound amid market stabilisation
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