China’s property downturn deepened in August, with both sales and prices continuing to fall despite new support measures in major cities.
Data from China Real Estate Information Corp. released on Sunday showed new home sales among the top 100 developers totaled 207 billion yuan ($29 billion), down 17.6% from a year earlier and extending a six-month decline.
The slump, now in its fifth year, has worsened since the second quarter as falling prices highlight the fading impact of last year’s stimulus push and raise fears of deflation. Beijing and Shanghai relaxed some home-buying restrictions in August, though analysts judged the moves only mildly supportive. Authorities may roll out more measures in September, including faster urban renewal projects, according to local media.
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Also from China over the weekend:
China Manufacturing PMI (August 2025) 49.4 (expected 49.5) Services 50.3 (expected 50.3)And, to come later today:
Economic calendar in Asia 01 September 2025 - Monday's calendar in China manufacturing PMI This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about china property sales drop 17 6 in august housing slump hits sixth straight month was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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