{"id":3322,"date":"2023-08-16T03:45:32","date_gmt":"2023-08-16T03:45:32","guid":{"rendered":"https:\/\/thisbiginfluence.com\/?p=3322"},"modified":"2023-08-16T03:45:32","modified_gmt":"2023-08-16T03:45:32","slug":"live-news-declines-in-chinese-new-home-prices-accelerate-in-july","status":"publish","type":"post","link":"https:\/\/thisbiginfluence.com\/?p=3322","title":{"rendered":"Live news: Declines in Chinese new home prices accelerate in July"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<figure class=\"n-content-image n-content-image--full\" style=\"width: 700px; max-width: 100%;\">\n\t\t\t\t<picture><source srcset=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?dpr=1&amp;fit=scale-down&amp;source=next&amp;width=700 1x, https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?dpr=2&amp;fit=scale-down&amp;quality=medium&amp;source=next&amp;width=700 2x\" media=\"(min-width: 1220px)\"><source srcset=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?dpr=1&amp;fit=scale-down&amp;source=next&amp;width=540 1x, https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?dpr=2&amp;fit=scale-down&amp;quality=medium&amp;source=next&amp;width=540 2x\" media=\"(min-width: 980px) and (max-width: 1219px)\"><source srcset=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?dpr=1&amp;fit=scale-down&amp;source=next&amp;width=700 1x, https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?dpr=2&amp;fit=scale-down&amp;quality=medium&amp;source=next&amp;width=700 2x\" media=\"(min-width:491px) and (max-width: 979px)\"><source srcset=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?dpr=1&amp;fit=scale-down&amp;source=next&amp;width=490 1x, https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?dpr=2&amp;fit=scale-down&amp;quality=medium&amp;source=next&amp;width=490 2x\" media=\"(max-width: 490px)\"><img decoding=\"async\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11da4bfe-2085-4876-a672-4446a22a84df.jpg?fit=scale-down&amp;source=next&amp;width=700\" data-id=\"https:\/\/api.ft.com\/content\/11da4bfe-2085-4876-a672-4446a22a84df\" data-image-type=\"image\" data-original-image-width=\"2288\" data-original-image-height=\"1526\" alt=\"Evergrande Group\u2019s City Plaza development in Beijing\"\/><\/source><\/source><\/source><\/source><\/picture><figcaption class=\"n-content-image__caption\">\n\t\t\t\tEvergrande Group\u2019s Metropolis Plaza growth in Beijing. 12 months on yr, the weighted common new dwelling value throughout 70 giant and medium-sized cities was unchanged \u00a9 Andrea Verdelli\/Bloomberg<br \/>\n\t\t\t<\/figcaption><\/figure>\n<p>The decline in new dwelling costs in China accelerated in July, with smaller, lower-tier cities struggling the sharpest falls, in response to Goldman Sachs calculations based mostly on authorities information.<\/p>\n<p>New dwelling costs declined 2.5 per cent month-on-month on a seasonally-adjusted annualised foundation, a sooner decline than June\u2019s fall of two.2 per cent. <\/p>\n<p>In first- and second-tier cities, costs fell 0.1 per cent and 0.5 per cent, respectively, whereas third- and fourth-tier cities registered drops of three.9 per cent and three.3 per cent. <\/p>\n<p>12 months on yr, the weighted common new dwelling value throughout 70 giant and medium-sized cities was unchanged.<\/p>\n<p>China\u2019s property sector is battling with flagging demand and a renewed liquidity disaster. <\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.ft.com\/content\/5638c0ca-c50d-4e1b-852f-b7753a569d2b\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Evergrande Group\u2019s Metropolis Plaza growth in Beijing. 12 months on yr, the weighted common new dwelling value throughout 70 giant and medium-sized cities was unchanged \u00a9 Andrea Verdelli\/Bloomberg The decline in new dwelling costs in China accelerated in July, with smaller, lower-tier cities struggling the sharpest falls, in response to Goldman Sachs calculations based mostly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[2478,93,2609,129,2837,995,328,296],"class_list":["post-3322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-accelerate","tag-chinese","tag-declines","tag-home","tag-july","tag-live","tag-news","tag-prices"],"_links":{"self":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/3322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3322"}],"version-history":[{"count":0,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/3322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/media\/3324"}],"wp:attachment":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}