The growth of China’s home sales slowed, while property investment and new construction fell deeper, official data showed.
Home sales by value rose 3.7% from a year earlier in the first half of the year, slowing from an 11.9% increase in January to May, the National Bureau of Statistics said Monday.
Property investment fell 7.9% in the first half, compared with a 7.2% decline in the first five months.
New construction starts dropped 24.3% in the first six months, compared with a 22.6% fall in January to May.
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