China’s second-hand home prices declined further in July, prices in lower-tier cities fell at faster pace

China housing market

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Second-hand home prices in China's tier-two cities declined slightly in July, and prices in lower-tier cities dropped at a faster pace, amid

Average second-hand home prices in China's 100 major cities stood at 16,012 yuan per square meter in July, edging down 0.09% from the previous month, expanding slightly by 0.07 percentage points from the month before, showed the data from the China Index Academy, one of leading independent real estate research firms in China.




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