China’s new home prices continue to fall, but at a slower pace

New home prices in China fell again in September, marking 40 consecutive months of declines. The information appears in the summary of the Lusa report provided in the CSV.

Although prices continued to fall, the decline was slower than in August. A less pronounced fall is distinct from a recovery in prices: the reported movement remains negative.

The persistence of this trend warrants attention when assessing the Chinese property market. Without specific rates or a breakdown by city, the data provided cannot measure the scale of the correction or identify differences between local markets.

Monitor price trends and local data before drawing conclusions about a recovery.