China's Home Prices Continue Decline Amid Market Challenges
TL;DR Summary
China's new-home prices fell the most in seven months in May, prompting government officials to pledge support to revive the property market amid ongoing declines in sales and investment, with policymakers continuing to coordinate fiscal and financial policies to counteract the downturn.
- China Home Prices Fall at Faster Pace as Officials Vow Support Bloomberg
- China's home prices dip in May, extending two-year slump Reuters
- China ‘stepping in’ as property concerns mount, but no ‘treading the old path’ South China Morning Post
- NBS: CN Real Estate Mkt Still in Correction; Mkt Supply/ Demand Needs Improvement AASTOCKS.com
- All China May new home prices -3.5% y/y (April -4.0%) Forexlive | Forex News, Technical Analysis & Trading Tools
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