Logo 01 Nov 2023

Chilly October for property

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The property turnaround is...not turning around.

That’s according to the latest data from China Real Estate Information Corp (CRIC), published on Tuesday.

In October:

New home sales by China’s top 100 developers grew 0.6% m/m to RMB 406.69 billion.
But nearly 60 developers posted m/m declines in ...