Logo 18 Nov 2024

Property sector blues persist in October despite slower sales decline

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The stats bureau’s (NBS) latest monthly data, published Friday, paints a mixed picture of China’s property sector.
The good news: In October, home sales by value fell just 0.2% y/y, compared to a 16.5% drop the month before. This was the smallest decline since May 2023.

Meanwhile, growth in invento...



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