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Second-hand home sales in Shenzhen tumbled over 70% on year in June, several other cities also saw cooling markets

Second-hand home sales in China's southern tech hub of Shenzhen tumbled by more than 70 per cent year on year in June after a series of government measures to crack down on housing market speculation.

Second-hand home transactions in the city dropped to 2,575 units in June, slumping 76 per cent from the same period last year and down 15 per cent compared to the pervious month, according to data from Centaline Property . . .

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