China’s New Home Prices See Sharpest Drop in a Year in October

The statement is assessed as highly likely to be true based on a strong consensus across multiple authoritative sources. Several high-credibility international news agencies, including Reuters and the South China Morning Post, explicitly and consistently report that China's new home prices in October fell at the fastest pace in a year, which is synonymous with the statement's claim. Crucially, these news reports all attribute the information to "official data" from China's National Bureau of Statistics (NBS), which is provided as the primary source. The links to the NBS website confirm its role as the authoritative body for this data. Furthermore, an economic data aggregator website directly presents the same statistical finding and also cites the NBS as its source, reinforcing the claim's validity. There are no contradictions among the provided sources. The evidence forms a clear and consistent chain from the official government source to multiple independent journalistic and data-aggregator reports, leading to a high level of confidence in the statement's truthfulness.