New house prices in China fell for the 39th consecutive month, according to official data from the country.
The analysis covered 70 Chinese cities, of which 49 recorded declines in new house prices in August, representing an increase from the 47 cities that had recorded declines in July.
Conversely, 15 cities showed increases in new house prices during the period analyzed.
This prolonged decline reflects the difficulties of the Chinese real estate market, which has been facing significant challenges in demand and buyer confidence in recent years.




