China’s new home prices fell at the fastest pace in 11 months in September across 70 major cities despite easing policies, as high inventories, concerns over job security and economic uncertainty continued to hurt confidence in the property market, analysts said.
New home prices fell 0.4 per cent month on month, following a 0.3 per cent decline in August, according to National Bureau of Statistics (NBS) data released on Monday. It was the biggest monthly decline since last October’s 0.5 per cent…
Source : South China Morning Post
Read more…China’s new home prices slump at fastest pace in 11 months















