China's Property Market Crisis Deepens as New Home Prices Plummet
TL;DR Summary
Chinese new home prices experienced a faster decline in July, reflecting ongoing challenges in the country's housing market and broader economy. The data suggests that the Chinese government's efforts to cool the property market and curb speculation are having an impact, as prices continue to fall.
- Live news: Declines in Chinese new home prices accelerate in July Financial Times
- China New-Home Prices Drop at Faster Pace as Slowdown Worsens Bloomberg
- The moment of reckoning nears for China’s property market as crisis deepens South China Morning Post
- China's economic challenges gather steam as new loans plunge, property fears loom CNBC
- View Full Coverage on Google News
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