CRIC: CCL latest report at 143.38 points, down 0.79% weekly, it is expected that the index will fall below the previous low of 143.02 points by the end of the month
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The latest report from CRIC shows that the Central Plains City Leading Index (CCL) fell to 143.38 points this week, hitting a 14-week low, and is expected to fall below the previous low of 143.02 points by the end of the month. Influenced by uncertainties in interest rate cuts, high interest rates, and banks tightening mortgage lending, the overall real estate market continues to adjust. This week, CCL hit a more than 7.5-year low, down 25.07% from its historical high. The pace of price declines is slower than expected, with short-term targets maintained at around 140 points
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