New China Home Sales Tumble 33% Over Holidays: Evergrande Update

  • Date: 09-May-2022
  • Source: Yahoo News
  • Sector:Economy
  • Country:Gulf
  • Who else needs to know?

New China Home Sales Tumble 33% Over Holidays: Evergrande Update

(Bloomberg) -- New-home sales in 23 major Chinese cities plunged 33% by area during a five-day national holiday compared with a year earlier, despite policy makers’ pledges of support for the property market.

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