Home sales by top developers plunge 41.9% y/y in October
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The property market’s September rebound proved short-lived.
In October, new home sales by China’s top 100 developers inched up just 0.1% m/m to RMB 253 billion, but plunged 41.9% y/y, according to China Real Estate Information Corp. (CRIC)
FYI: The sharp y/y drop partly reflects a high base in Octo...