China new home prices fall at fastest clip in nearly 10 years

Capt. John

China’s new home prices fell at the fastest pace in more than 9-1/2 years in May, official data showed on Monday, with the property sector struggling to find a bottom despite government efforts to rein in oversupply and support debt-laden developers. Prices were down 0.7% in May from the previous...

https://www.hellenicshippingnews.com/china-new-home-prices-fall-at-fastest-clip-in-nearly-10-years/

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