China New Home Prices Fall 0.1% in September
Official data showed new home prices fell 0.1% month over month in September, matching the decline in August. The data suggest policy support has yet to generate a broad-based recovery in housing demand.
Official data released on Monday showed that China's new home prices fell month on month in September. The decline suggests policy support has not yet produced a broad-based recovery in housing demand. Reuters calculations based on… showed prices decreased 0.1%, the same rate as in August.