China's home sales during New Year holiday fall 26% compared with 2023


BEIJING: China's average daily home sales during the three-day New Year holiday in 40 cities, based on floor area, fell 26% compared with the same period last year, a survey showed on Tuesday.

Sales fell the most in smaller cities, dropping 50% during the holiday, according to data from the China Index Academy, one of the country's largest independent real estate researchers.

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