China's Sept new home prices fall for third straight month - private survey

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BEIJING: New home prices in China fell for the third straight month in September as a mortgage boycott across the country and a slowing economy discouraged potential home buyers, a private survey showed on Saturday. China's property market crisis worsened this summer, with official data showing home price

BEIJING: New home prices in China fell for the third straight month in September as a mortgage boycott across the country and a slowing economy discouraged potential home buyers, a private survey showed on Saturday.

Prices in 100 cities fell 0.02 per cent in September from a month earlier, after declines of 0.01 per cent in July and August, respectively, according to a survey by China Index Academy , one of the country's largest independent real estate research firms. Official new home prices for September will be released by the National Bureau of Statistics on Oct. 19.

Sporadic COVID-19 lockdowns have also dampened consumer confidence, while job losses and weak economic growth have made many more careful about their spending.

Source: News Formal (newsformal.com)

 

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拯救市場就是等於危害國家的利益!

沒有理由叫國家砸錢來拯救房產的!

房產崩盤?你們不會把房價調低到成本價格賣出去嗎?起碼不用虧啊!

Just 3 months? I guess still have many months & years to come

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