Mainland residential sales were down 8.6 per cent by volume and 9.9 per cent by revenue in the first four months. Photo: Reuters

China banks urged to give first home buyers priority

Central bank's move comes after property sales fell in the first four months from a year earlier

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Mainland residential sales were down 8.6 per cent by volume and 9.9 per cent by revenue in the first four months. Photo: Reuters
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