China's Home Prices Continue Decline Amid Market Challenges

1 min read
Source: Bloomberg
China's Home Prices Continue Decline Amid Market Challenges
Photo: Bloomberg
TL;DR

China's new-home prices fell the most in seven months in May, prompting government officials to pledge support to revive the property market amid ongoing declines in sales and investment, with policymakers continuing to coordinate fiscal and financial policies to counteract the downturn.

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