Property sales in China dropped for the first time in over 2
BEIJING: China’s property sales will slow in the fourth quarter but prices will remain stable, the housing minister said, as more signs emerge that the country’s nearly two-year housing boom has peaked.
Property sales in China dropped for the first time in over 2½ years in September, while housing starts slowed sharply as cooling measures started to bite, according to Reuters calculations based on official data last Thursday.
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