{"id":61551,"date":"2023-09-15T18:35:33","date_gmt":"2023-09-15T22:35:33","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/chinas-property-investment-home-sales-worsen-further\/"},"modified":"2023-09-15T18:35:35","modified_gmt":"2023-09-15T22:35:35","slug":"chinas-property-investment-home-sales-worsen-further","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=61551","title":{"rendered":"China&#8217;s Property Investment, Home Sales Worsen Further"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230914-709475\" role=\"document\">\n<p>China&#8217;s property investment and home sales worsened further amid Beijing&#8217;s easing efforts to reverse the prolonged real-estate downturn.<\/p>\n<p>Home sales by value fell 1.5% from a year earlier in the January to August period, down from a 0.7% on-year increase recorded in the first seven months, according to data released Friday by the National Bureau of Statistics.<\/p>\n<div class=\"paywall\">\n<p>Property investment fell 8.8% on year in the period, wider than the 8.5% decline in the first seven months.<\/p>\n<p>New construction starts tumbled 24.4% in the first eight months, compared with a 24.5% decline in the January to July period.<\/p>\n<pre><\/pre>\n<p>Write to Singapore Editors at singaporeeditors@dowjones.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/china-s-property-investment-home-sales-worsen-further-dd50c6e5?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s property investment and home sales worsened further amid Beijing&#8217;s easing efforts to reverse the prolonged real-estate downturn. Home sales by value fell 1.5% from a year earlier in the January to August period, down from a 0.7% on-year increase recorded in the first seven months, according to data released Friday by the National Bureau [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-61551","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China&#039;s Property Investment, Home Sales Worsen Further | iFintechWorld<\/title>\n<meta name=\"description\" content=\"China&#039;s property investment and home sales worsened further amid Beijing&#039;s easing efforts to reverse the prolonged real-estate downturn. 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