China’s new home prices were stagnant in July, with a 0.1% decline from the previous month, according to Reuters calculations based on data released by the National Bureau of Statistics.
This decline matches June’s decrease, underscoring the challenges for a broad recovery of the housing sector as demand remained subdued.
On an annual basis, prices fell 3.2%, narrowing from a 3.3% decrease in June.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
