Prices of new homes in China rose at slower pace in August, a private survey showed on Sunday, as the crisis-hit property sector struggles to find its bottom...
BEIJING - Prices of new homes in China rose at slower pace in August, a private survey showed on Sunday, as the crisis-hit property sector struggles to find its bottom after a slew of supportive policies .
China's property sector, a pillar of the economy, has lurched from one crisis to another since 2021, when a regulatory crackdown on high leverage among developers triggered a liquidity crisis. "Coupled with the further implementation and effectiveness of supportive policies, the market activity in core cities is expected to slightly rebound in the short term," it said.BERKELEY, Calif. — The California Golden Bears shook off a rusty start to open their inaugural ACC season with 31-13 win over UC Davis on Saturday, their 12th straight win over the Aggies to remain undefeated in 34 starts against the Big-Sky Conference.
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