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China's home prices fell in October but at a slower pace, hinting at market stabilization.
China's home prices continued to fall in October but at a slower pace, indicating a potential stabilization.
New home prices in 70 major cities dropped 0.5% from September, the slowest decline in seven months.
While first-tier cities saw a slight decrease, second-hand home prices in these cities increased for the first time in over a year.
Despite ongoing declines in property investment and construction, government support measures have helped ease the market's downward trend.
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Los precios de la vivienda de China cayeron en octubre, pero a un ritmo más lento, lo que sugiere la estabilización del mercado.