Listen to this article

China's Home Sales Decline Slows in October as Developers Cut Prices, Face Homeowner Resistance to Protect Home Values

7 posts • GPT (3)

Published Nov 1, 2023, 01:07 PM

China's home sales decline slowed in October as Beijing increased efforts to support the housing sector. Property developers in China are cutting prices on new homes to revive sales, but they are facing resistance from homeowners who don't want to see home values fall.

More breaking stories on DeepNewz — updated live.

#China #Beijing

Sources

Open Outcrier

@OpenOutcrier

China’s Property Developers Cut Prices—and Homeowners Are Resisting - WSJ https://t.co/lJYvExewFK

WSJ China Real Time

@ChinaRealTime

China’s cities are giving property developers the go-ahead to cut prices on new homes to revive sales, but they facing stiff resistance from homeowners https://t.co/dcYaEDn9rE https://t.co/dcYaEDn9rE

The Wall Street Journal

@WSJ

Property developers in China are cutting prices on new homes to revive sales. But homeowners are pushing back. https://t.co/tK31fGkMJB https://t.co/tK31fGkMJB

China's Home Sales Decline Slows in October as Developers Cut Prices, Face Homeowner Resistance to Protect Home Values

Sources

Similar Stories