Chinese Pre-owned Housing Prices Slide Again in June
newscatcher
2023-07-17 17:37
Chinese Pre-owned Housing Prices Slide Again in June
The average price of pre-owned housing units across 70 Chinese cities continued to slide in June despite hundreds of government policies to prop up the sluggish real estate market. In first-tier cities, average pre-owned home prices fell 0.7% from May, data published Monday by the National Bureau of Statistics showed. The decline was 0.3 percentage points sharper than the drop in May. Prices in second and third-tier cities dropped 0.4% last month.

https://www.caixinglobal.com/2023-07-18/chinese-pre-owned-housing-prices-slide-again-in-june-102076654.html

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