China's Home Prices Plummet Despite Rescue Efforts

1 min read
Source: Bloomberg
China's Home Prices Plummet Despite Rescue Efforts
Photo: Bloomberg
TL;DR Summary

China's home prices continued to fall in June, with new-home prices in 70 cities dropping 0.67% from May and existing home values declining 0.85%, highlighting the ongoing challenges for policymakers to stabilize the property market and support the economy.

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