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The decline in China’s home prices is accelerating, with new home prices in October – traditionally a peak month for sales – falling at the fastest pace in 12 months across the country despite government support, as the economy slows and job prospects remain uncertain. New home prices fell 0.5 per cent month on month on average across 70 sampled cities, according to National Bureau of Statistics data released on Friday. It was the steepest drop since the 0.7 per cent fall in September last year.... Politics
China's October new home prices fall at fastest pace in a year Reuters Politics
