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

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

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 . . .

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