CHINA TOPIX

12/23/2024 09:08:26 am

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China home prices

Home prices in China slid in July from June as tight lending conditions dampen demand despite local governments easing of regulations.REUTERS/Aly Song

China Home Prices Continue Fall On Weak Demand

The downtrend in prices of new houses in China continued in July, with the effort of local governments to relax regulations insufficient counter the tighter mortgage lending conditions in the country, Bloomberg reported.

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