Logo 02 Jul 2025

Home sales by top developers plunge 23% y/y in June

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The property market posted another bleak performance in June.
Per data from China Real Estate Information Corp. (CRIC), published Monday:

New home sales by the country’s top 100 developers in June clocked in at RMB 338.96 billion, up 14.7% m/m
Year-on-year, however, sales plunged 22.8% following Ma...