Home prices fall at faster pace in June
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The stats bureau’s (NBS) home price survey for June, released Tuesday, paints a bleak picture of homebuyer confidence.
The headlines:
New home prices fell 0.27% m/m, a faster decline than May (-0.22%) and April (-0.12%).
Prices fell in 56 of 70 cities surveyed, up from 53 in May and 45 in April.
T...