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China's property market shows signs of stabilization, but investment sees record annual drop.
China's property market showed slight improvements at the end of 2024, with new home prices stabilizing and sales increasing, especially in first-tier cities like Beijing and Shanghai.
Despite these improvements, property investment fell 10.6% year-on-year, marking the largest annual decline on record.
The National Bureau of Statistics attributes the stabilization to policy measures and improved market confidence, though challenges remain for a broader recovery.
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El mercado inmobiliario de China muestra signos de estabilización, pero la inversión registra una caída anual récord.