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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%.

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Head Topics broke the news in on Sunday, July 31, 2022.
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