The trade war risks worsening the housing slump that has dragged on economic growth and has only recently been showing signs of abating.
Values of used homes slid 0.41 per cent, compared with a 0.23 per cent drop a month earlier.
Authorities reiterated their commitment to existing programmes to aid the property sector, such as renovating urban villages and run-down homes while streamlining policies for local governments to buy unsold homes.
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