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Real Estate Decline

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China's Home Prices Continue Decline Amid Market Challenges

Originally Published 7 months ago — by Bloomberg

Featured image for China's Home Prices Continue Decline Amid Market Challenges
Source: Bloomberg

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.