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China’s property woes deepen in Aug as prices, sales and investment drop
Register now for Totally free limitless access to Reuters.com Sign-up New dwelling charges tumble at fastest tempo on-month given that Nov 2021 New property selling prices fall at quickest rate on-12 months since Aug 2015 House revenue tumble for the 13th thirty day period in a row BEIJING, Sept 16 (Reuters) – Woes in China’s property current market worsened in August, with official info displaying house costs, product sales and financial investment all falling in August, as a home finance loan boycott and developers’ money strains further damage self-assurance in the sector. New residence prices resumed their thirty day period-on-month decline in August, down .3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, Reuters calculations dependent on Countrywide…