Economics
China Home Sales Slump Most Since July as Lockdowns Hit
- Latest outbreak adds near-term threats, BI analyst says
- Policy makers have pledged to support property sector
Apartment buildings under construction in Haiyan, Zhejiang Province, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
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China’s housing slowdown deepened last month, with new-home sales falling the most since the downturn began in July as the country’s latest Covid-19 outbreak took hold.