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China's Oct Home Prices Extend Fall on Weak Sentiment
China's new home prices fell for the fourth month in October, official data showed on Thursday, as government support measures did little to lift the gloom hanging over the country's consumers and its debt-laden property sector. New home prices fell 0.3% month-on-month after a 0.2% dip in September, according to Reuters calculations based on National Bureau of Statistics (NBS) data. Compared with a year earlier, prices were down 0.1%, matching a decline in September, August and July. Despite the lifting of strict COVID measures late last year and a slew of support measures, the world's second-biggest economy has ... (full story)