Thursday, August 15, 2024
China reports falling home prices in July
Xinhua
Major Chinese cities reported falling home prices in July compared with the previous month, data from the National Bureau of Statistics (NBS) showed on Thursday.
On a yearly basis, the decrease of China's home prices expanded slightly overall, the NBS said.
The year-on-year decline in the sales prices of second-hand residential properties in first-tier cities continued to narrow last month, it added.