China’s home prices fall fastest in 9 years, but officials see signs of stabilisation

China’s home prices saw their sharpest yearly decline since 2015 in October, but the rate of decline slowed, suggesting a potential market stabilisation. Government support measures, including tax incentives and lower lending rates, appear to be aiding the struggling property sector, though some analysts remain cautious about a significant rebound. China’s home prices saw their sharpest yearly decline since 2015 in October, but the rate of decline slowed, suggesting a potential market stabilisation. Government support measures, including tax incentives and lower lending rates, appear to be aiding the struggling property sector, though some analysts remain cautious about a significant rebound.  Economic Times