Economic Buzz: China home price decline eases to four-month low in June

China's new home prices across 70 cities fell 3.3% year-on-year in June 2026, easing from a 3.5% decline in May and marking the mildest annual drop since February. While prices have now declined for 36 straight months, the slower pace suggests government support measures are helping stabilize the property market, though weak demand and subdued buyer confidence continue to weigh on the sector.

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