China’s top developers saw property sales slide further in January, analysts say housing market not yet bottomed out
China’s top developers saw property sales slide further in January, analysts say housing market not yet bottomed out

China’s top developers saw property sales slide further in January, analysts say housing market not yet bottomed out

 

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China's leading property developers see home sales decline further in January and analysts believe the housing market hasn't bottomed out yet despite a series of policy measures to boost home demand.

Data from China Real Estate Information Corporation (CRIC) showed that top 100 property developers' sales slumped 46.3% in January from the previous month to 525.6 billion yuan, sliding 39.6% from a year earlier.

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