Residential buildings under construction at the Honor of China project in Beijing. Last month, China’s government hinted at further support for the real estate sector, with a top policymaker describing it as a ‘pillar’ of the economy. Photo: Bloomberg
Residential buildings under construction at the Honor of China project in Beijing. Last month, China’s government hinted at further support for the real estate sector, with a top policymaker describing it as a ‘pillar’ of the economy. Photo: Bloomberg

China home prices fall at faster pace in December, extending decline for sixth straight month

  • Home prices in 100 cities fell 0.08 per cent month on month in December, after falling 0.06 per cent in November, according to a survey by China Index Academy
  • 68 cities posted a fall in monthly prices, compared with 57 in November

Residential buildings under construction at the Honor of China project in Beijing. Last month, China’s government hinted at further support for the real estate sector, with a top policymaker describing it as a ‘pillar’ of the economy. Photo: Bloomberg
Residential buildings under construction at the Honor of China project in Beijing. Last month, China’s government hinted at further support for the real estate sector, with a top policymaker describing it as a ‘pillar’ of the economy. Photo: Bloomberg
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