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China’s Home Sales Slump as Mortgage Boycotts Worsen Property Crisis

https://www.bloomberg.com/news/articles/2022-07-31/china-s-top-100-developers-see-july-sales-down-39-7-y-y
China’s top 100 developers saw home sales slump further in July, indicating a widening mortgage boycott crisis emerging around the country has further weighed on buyer confidence.

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