China’s home prices slide further in November as authorities vow to stabilise sector

China's home prices continued to decline in November, with new home prices falling 0.4% month-on-month across 70 cities. Despite over 500 supportive measures, the downturn persists, affecting GDP, employment, and consumption. Analysts predict continued declines in sales and prices for at least two more years. The central economic work conference prioritizes stabilizing the property market, but key recovery measures are yet to be introduced.