New home prices drop for eighth straight month
Edited By WION Video Desk
Published: Mar 15, 2024, 05:55 IST | Updated: Mar 15, 2024, 05:55 IST
China's fragile property received yet another blow last month, as new home prices dropped for an eighth straight month in February. The latest data comes despite a slew of measures to shore up the sector, which is a key growth engine of China's economy. New home prices fell 0.3% compared to January.
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