The latest housing data published from the world’s second-largest economy, China, showed that the home prices remained almost unchanged on the month, adding to the China slowdown fears.
All China Aug new home prices +0.5% m/m.
All China Aug new home prices +8.8% y/y.
This marks the slowest increase since February.
A slew of government curbs and a broader slowdown in the economy have weighed on the property market.
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