China’s home prices expected to drop 1% next year, worst performance this century – report

 

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China's average home prices, excluding state-subsidized housing, are expected to grow by 2% this year and in 2022, home prices will likely decline by 1%, which would be the worst performance since the start of this century, according to a report released by the E-House China R&D Institute, a Shanghai-based real estate research firm.

So far this century, China's home prices only declined in 2008, down by . . .

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