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China's Sept new home prices fall for third straight month - private survey

Summary by Ground News
Prices in 100 cities fell 0.02 per cent in September from a month earlier. 56 cities posted a fall in monthly prices, compared with 69 in August. Official new home prices for September will be released by the National Bureau of Statistics on Oct 19. Local governments will now be able to relax the floor on mortgage rates for first-time home buyers in some cities in phases.

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Financial Post broke the news in Canada on Saturday, October 1, 2022.
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