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China's home prices will fall at a faster pace this year with worsening slumps in property investment and sales, a Reuters poll showed, a sombre reminder to policymakers as they redouble efforts to revive the crisis-hit property sector. The poll showed new home prices would fall 5.0% in 2024, versus a 0.9% decline tipped in a previous survey in February. The poll was conducted between May 10 and May 17, and is likely to have only partially taken into consideration Friday's government announcement of support measures to stabilise the property market.

By Liangping Gao and Ryan Woo BEIJING (Reuters) - China's home prices will fall at a faster pace this year with worsening slumps in property investment and sales, a Reuters poll showed, a sombre reminder to policymakers as they redouble efforts to ...

About a month before Taiwan's January presidential election, China began sending intruders over the Taiwan Strait: more than 100 balloons, some of which passed through the island's airspace or busy,...

Property investment in China in the first four months of 2024 fell 9.8% from a year earlier, after dropping 9.5% in the first quarter, indicating the sector is yet to bottom out despite a flurry of... -May 16, 2024 at 10:00 pm EDT - MarketScreener

China's new home prices fell at the fastest monthly pace in over nine years in April, as intensified efforts by authorities to prop up the ailing property sector show few signs of paying off. ... -May 16, 2024 at 09:46 pm EDT - MarketScreener