BEIJING: China’s home prices fell for the first time in six years in September, the latest sign that a deepening property slump is slowing the world’s second-largest economy.
New-home prices in 70 cities, excluding state-subsidised housing, slid 0.08% in September from August, the first drop since April 2015, National Bureau of Statistics figures showed yesterday. Values in the secondary market declined 0.19%, down for a second month.
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