China’s New Home Prices Slip 0.3% in August Amid Weak Demand

Latest data shows continued softness in China’s property sector as new home prices fell for the month.

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Terms & Concepts
  • Property Sector: The segment of the economy dealing with real estate development, sales, and management, including residential, commercial, and industrial properties.
  • New Home Prices: The average selling price of newly constructed residential properties within a specified period.