House prices across the country continued to decline month-on-month in November, with new home prices falling significantly in many regions.

Foreign media: Data from the National Bureau of Statistics of China shows that the average price of new commercial housing in 70 major cities across the country fell 0.4% month-on-month in November, which is slightly narrower than the 0.5% drop in October, but still falls within a large decline range over the past year and a half.

Looking at the same period last year, house prices fell 2.8% in November, with a larger decline than the 2.6% in October. Eleven cities among the 70 saw a month-on-month increase in house prices.

Original article: toutiao.com/article/1851570227173376/

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