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Update 2-china's Real Estate Investment Slows In Sept As Caution Sinks In | Reuters

by reuters.com posted 2months ago 36 views
* Sept property investment +8.9 pct y/y vs +9.2 pct in August - Reuters calculation. : * Developers exercise caution despite better funding conditions (Adds analyst quotes, context, background) BEIJING, Oct 19 (Reuters) - Growth in China’s real estate investment eased in September and home sales fell for the first time since April, as developers dialled back expansion plans amid economic uncertainties and as additional curbs on speculative investment kicked in. A cooling market could increase the downside risks to the world’s second-largest economy, which faces broader headwinds including an intensifying trade war with the United States.

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