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China reports falling home prices in August

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This aerial photo taken on July 4, 2023 shows the construction site of a residential housing project in the start-up area in Xiong'an New Area, north China's Hebei Province. [Photo/Xinhua]

Major Chinese cities reported falling home prices in August, official data showed on Saturday.

The National Bureau of Statistics said that China's large and medium-sized cities saw month-on-month declines in both new and second-hand home prices.

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China reports falling home prices in August
Major Chinese cities reported falling home prices in August, official data showed on Saturday.

Xinhua

Xinhua

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