Real Estate
China Home Sales Saw Mild Recovery in September Amid Policy Push
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China’s home sales moderated their decline in September, following stepped-up efforts from Beijing to support the housing sector.
The value of new home sales among the 100 biggest real estate companies fell 29.2% from a year earlier to 404 billion yuan ($55.4 billion), narrowing from a 33.9% decline in August, according to preliminary data from China Real Estate Information Corp. on Saturday. Sales gained 17.9% on month.