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China Home Sales Plunge in July, as Mortgage Revolt Deters Buyers

Summary by Ground News
China's July new home prices and sales volume both fell from a month earlier. New home prices in 100 cities were down 0.01% from June, when prices rose 0.04%. Total floor area of homes sold in 17 cities tracked by China Index Academy slumped 33.4%.
2 months ago·Beijing, China

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ReutersReuters

China July home prices, sales volume fall as sentiment wilts

China's July new home prices and sales volume both fell from a month earlier, a private survey showed on Monday, with fragile sentiment further corroded by nationwide threats by homebuyers to stop paying mortgages for unfinished projects.

2 months ago·United Kingdom
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South China Morning PostSouth China Morning Post

China’s new home prices fell in July as mortgage-boycott crisis hit sentiment

Prices of new homes in 100 cities averaged 16,204 yuan per square metre in July, marginally weaker than in June, according to property researcher CREIS.

2 months ago·Hong Kong
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Channel News AsiaChannel News Asia

China July home prices, sales volume fall as sentiment wilts

BEIJING : China's July new home prices and sales volume both fell from a month earlier, a private survey showed on Monday, with fragile sentiment further corroded by nationwide threats by homebuyers to stop paying mort gaugesfor unfinished projects.New home prices in 100 cities were down 0.01 per cent fro

2 months ago·Singapore
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The Straits TimesThe Straits Times

China home sales slump further amid mortgage boycotts

Combined contract sales plunged 39.7% from a year earlier to 523.1 billion yuan (S$107 billion). Read more at straitstimes.com.

2 months ago·Singapore
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BloombergBloomberg

China Home Sales Plunge in July, as Mortgage Revolt Deters Buyers

2 months ago·United States
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Wall Street JournalWall Street Journal

China Home Sales Plunge in July, as Mortgage Revolt Deters Buyers

Sales at the country’s top 100 property developers fell 39.7% in July from the same period last year, ending a budding recovery.

2 months ago·New York, United States
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Bias Distribution

38% of the sources lean Left, 38% of the sources lean Right
Head Topics
South China Morning Post
Bloomberg
Reuters
Channel News Asia
The Straits Times
Wall Street Journal
Fox News
L 38%
C 37%
R 25%
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