China’s housing market weakened further in October, 90% of major cities saw resale prices drop on month

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China's housing market weakened on all fronts in October, as declines in home prices, sales and property investments widened. Analysts say that there may be a "bottom" by early next year as authorities adjust policies for the sector.

Among the 70 major Chinese cities, 52 saw new home price drop in October from a month earlier, compared to 36 in September, and only 13 cities saw new home price rise, compared to 27 in . . .