The number of property foreclosures in China rose 32.3 per cent in the first nine months of the year, according to a private survey, as home owners grappled with debt amid a property market slump and shaky economic recovery. Property foreclosures in January-September rose to 584,000 units from 441,000 the same period last year, according to a survey by China Index Academy on Saturday, one of the country's largest independent real estate research firms. Residential foreclosures increased to 284,000 from 206,000 in the first three quarters in 2022, while the transaction ratio of such properties being bought at auctions ... (full story)