China’s new home prices fell on year in April for first time in six years, no warming signs in housing market despite policy easing
China’s new home prices fell on year in April for first time in six years, no warming signs in housing market despite policy easing

China’s new home prices fell on year in April for first time in six years, no warming signs in housing market despite policy easing

 

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China’s home prices declined across the board in April, with new home prices recording their first drop in more than six years, as resurgent Covid-19 outbreaks in several major cities exacerbated the weakness in the housing market.

New home prices in China's 70 major cities fell 0.1% in April from a year earlier, the first year-on-year drop since December 2015, showed calculations by the E-House China R& . . .

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