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China reports falling home prices in July

0 Comment(s)Print E-mail Xinhua, August 15, 2024
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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.

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