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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
The speed of the fall in housing prices in China has accelerated, and officials have promised support.
Gate News bot message, in May, China saw the biggest fall in new home prices in seven months, highlighting the reason for senior government officials' renewed commitment to revitalizing the real estate market.
Data released by the National Bureau of Statistics of China on Monday showed that the prices of new commercial residential properties in 70 large and medium-sized cities (excluding affordable housing) decreased by 0.22% month-on-month, and fell by 0.12% month-on-month in April. The prices of second-hand houses fell by 0.5% month-on-month, the largest fall in eight months.
Data shows that the effects of the stimulus plan from last September are fading. Demand for home purchases in China is suppressed, while policymakers are working to revive this demand.
UBS Group analyst Zhang Ning wrote in a report last week: "We expect the downturn in the Chinese real estate market to continue through 2025, but the decline in real estate activity will be smaller than in 2024."
Source: Bloomberg