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Tag: Rhodium Group

Housing prices in many provinces in China have recently declined.
Housing Prices Fall in Chinese Provinces, Sector in Trouble
Many Chinese provinces are witnessing a decline in housing prices, something that has happened for the first time in six years. Out of the 31 provincial-level divisions, 16 recorded a fall in housing prices in...
The crisis in China’s property sector is making people wary of investing.
Home Sales Across Communist China Fell In September
The property market has been a major driver of economic growth in communist China. Chinese citizens used to view the property as the safest investment. As of 2019, real estate accounted for 70 percent of...