China’s home prices fell at a

2023-01-05

China’s home prices fell at a faster pace in December, according to a private survey on Sunday, reflecting persistently weak demand amid rising Covid-19 cases despite a slew of support measures.

China’s property market crisis worsened this summer, with official data showing home prices, sales and investment all falling in recent months, adding pressure on the faltering economy.

Home prices in 100 cities fell for the sixth month in a row in December, declining 0.08% from a month earlier after falling 0.06% in November, according to the survey by China Index Academy, one of the country’s largest independent real estate research firms.

Among the 100 cities, 68 cities posted a fall in monthly prices, compared with 57 in November, the survey showed.$FTSE China Bear 3X Shares(YANG)$

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Comments

setia100
2023-01-05
setia100
Government stimulus plan will take time to materialize 👌🤔
Caydron
2023-01-05
Caydron
nice information
Booooooooooo
2023-01-05
Booooooooooo
K
DaveNg5144
2023-01-05
DaveNg5144
Ok
currylow
2023-01-05
currylow
ok
trader1216
2023-01-05
trader1216
Thanks

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