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China Daily | Updated: 2015-01-24 07:58
The 10 cities where home prices are falling fastest
1. Home prices in Hangzhou, Zhejiang province, declined by 10.3 percent year-on-year in December to an average of 16,133 yuan ($2,636) per square meter.
2. The average price in Shenyang, Liaoning province, was 7,296 yuan per sq m in December, down 7.8 percent year-on-year. The economic slowdown in Northeast China may cause prices to fall again this year.
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