The construction site of an Evergrande housing complex in Zhumadian, central China’s Henan province, pictured on September 14, 2021. Photo: AFP The construction site of an Evergrande housing complex in Zhumadian, central China’s Henan province, pictured on September 14, 2021. Photo: AFP
The construction site of an Evergrande housing complex in Zhumadian, central China’s Henan province, pictured on September 14, 2021. Photo: AFP

China’s home-price growth weakens to eight-month low on cooling measures while Evergrande’s struggles keep buyers away

  • The average price of new homes across 70 major cities rose 0.2 per cent month on month in August, the slowest since February’s 0.4 per cent gain
  • Negative news surrounding China Evergrande hits sales at indebted developer

Topic |   China property
The construction site of an Evergrande housing complex in Zhumadian, central China’s Henan province, pictured on September 14, 2021. Photo: AFP The construction site of an Evergrande housing complex in Zhumadian, central China’s Henan province, pictured on September 14, 2021. Photo: AFP
The construction site of an Evergrande housing complex in Zhumadian, central China’s Henan province, pictured on September 14, 2021. Photo: AFP
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