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Economy Politics Local 2026-01-20T02:28:04+00:00

China's New Home Prices Continue to Fall

Official data revealed that new home prices in China dropped by 2.7% in December, indicating ongoing pressure in the real estate sector and the need for stronger policy measures.

China's New Home Prices Continue to Fall

A woman rides her bicycle near a residential complex in the Chinese capital Beijing. Official data showed yesterday that new home prices in China continued to decline in December, confirming ongoing pressure in the real estate sector. Prices fell by 2.7% in December. The continued weakness in new home prices suggests that the sector's downturn may persist this year unless policymakers take stronger measures.

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