China’s home prices grew at the slowest pace in four months in May, underscoring the challenges the market is facing as economic growth loses momentum. New-home prices in 70 cities, excluding state-subsidized housing, increased 0.1% last month from April, when they grew 0.32%, National Bureau of Statistics figures showed Thursday. Prices declined 0.23% in the secondary market, snapping three months of gains. The figures add to evidence of renewed weakness in the residential property market after sales and prices rallied briefly following a historical slump. China is considering a broad package of stimulus measures as ... (full story)