China Home Market Slump Deepens as Prices Fall for Fourth Month
China’s home prices fell for a fourth consecutive month in December, as the credit crunch in the property sector showed little sign of easing.
New home prices in 70 cities, excluding state-subsidized housing, slid 0.28% last month from November, when they dropped 0.33%, National Bureau of Statistics figures showed Saturday.
……Read full article on Bloomberg
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