China’s new home price index for 70 major cities fell for first time in six years, 70% of the cities saw second-hand price drop
China’s new home price index for 70 major cities fell for first time in six years, 70% of the cities saw second-hand price drop

China’s new home price index for 70 major cities fell for first time in six years, 70% of the cities saw second-hand price drop

 

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China's new home price index dropped month on month in September for the first time in six years, as the chill in the housing market intensified amid tightening credit and property curbs.

Of the 70 major Chinese cities, 27 recorded month-on-month gains in new home prices in September, sharply down from 46 in August and marking the lowest number since February 2020, showed data released by the National Bureau of Statistics on . . .

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