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China’s housing market shows signs of stabilization as home price declines ease in June, thanks to supportive government policies. Experts are optimistic about the recovery of the real estate sector.
China’s home prices dipped slightly in February due to the Spring Festival holiday slowdown, with first-tier cities seeing minor increases and second-tier cities remaining flat.
Home prices in China’s top cities rose in January, signaling a stabilization in the country’s housing market, according to new data from the National Bureau of Statistics.