China’s home prices fell at faster pace in September – CICC
China’s home prices fell at faster pace in September – CICC

China’s home prices fell at faster pace in September – CICC

 

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Weighted average transaction price index for homogeneous second-hand homes in China's 11 key cities declined 1.6% in September from the previous month, while the index for 51 major cities dropped by 1.7%, both falling at a faster pace for the second consecutive month and marking the steepest drops since the record started, according to the latest report from the China International Capital Corporation (CICC).

The two indexes fell by 1.1 . . .

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