China new home prices fall at fastest pace in nearly a year as property slump deepens
BEIJING ~ China’s new home prices dropped at their sharpest pace in almost a year in September, heightening concerns over the country’s prolonged property downturn and its broader economic impact. Official figures released Monday showed a 0.4 percent month on month fall the steepest decline in 11 months following a 0.3 percent drop in August. … Read more