China Home Price Drop Spreads to More Cities as Demand Weak

China’s new-home prices fell in all but two cities monitored by the government last month as tight credit prolonged a market downturn even as local home-purchase restrictions were eased. Prices dropped in 68 of the 70 cities in August from July, the National Bureau of Statistics said in a stateme…

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China Home Price Drop Spreads to More Cities as Demand Weak

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