China's housing prices decline in most of the cities

Note: This section contains information in English only.
Source: Bloomberg
Chinese prices for new homes were lower in 64 out of 70 cities in July as stricter lending had a negative effect on demand. The property market is now a serious risk to the world's second largest economy as there is no sign of improvement. Furthermore, home sales have fallen 28% this month with it being the biggest fall for a month this year.
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