China's New Home Prices Fell 0.3% in September
New home prices in 70 major Chinese cities fell at a slightly faster pace in September, despite more government measures introduced to reverse a prolonged property slump.
In September, new home prices fell slightly faster in 70 major Chinese cities despite the introduction of more government measures to reverse an extended property slump.
The Wall Street Journal calculated that the average new home price in 70 cities fell 0.3% from August to September, compared to the 0.29% drop in August.