Chills over China’s property market spread in November as both home prices and sales slumped to a six-year low, according to official data on Dec. 15.
According to the latest new home price indices released by the National Bureau of Statistics (NBS), new home prices in 70 tracked Chinese cities slipped 0.3 percent month-on-month in November, the biggest decline since February 2015. It was worse than the 0.2 percent drop in October.
