✉news BusinessReal Estate first seen 3 h ago, last 33 min ago, peak #11
China's new home prices fall again amid weak recovery
Original: China's new home prices fall again as recovery remains elusive
China's new home prices have declined for another month, underscoring the continued weakness in the country's property market. The fresh drop indicates that government support measures have so far failed to reignite demand among buyers, and analysts say a sustained recovery in the housing sector, a key pillar of the world's second-largest economy, remains out of reach.
Why now: China's property market is a major driver of the global economy, and continued price falls signal that Beijing's stimulus efforts are not yet working.
Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 33 min ago.
Evidence
- China's new home prices fall again as recovery remains elusive · Reuters
- China's new home prices fall again as recovery remains elusive · Central Oregon Daily
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