China's home prices ticked up in November, showing growth despite economic uncertainties.

China's new home prices rose by 0.36% in November, up from 0.29% in October, according to a survey by the China Index Academy. Year-on-year, prices increased by 2.40%. This growth follows government measures to support the property market, including tax breaks and easier purchasing rules. However, experts like Fitch Ratings' Ying Wang caution that the market's sustainability remains uncertain, with a negative outlook through 2025.

December 01, 2024
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