June 17, 2024, Nanjing, Jiangsu, China: NANJING, CHINA - JUNE 17, 2024 - A residential project of China Vanke under construction in Nanjing, Jiangsu province, China, June 17, 2024. On the same day, China s National Bureau of Statistics released data that the sales price of new residential buildings in first-tier cities fell 3.2 per cent in May from a year earlier. It was the 11th consecutive month of declines in new home prices. (Credit Image: © Cfoto/DDP via ZUMA Press) *** Local Caption *** 22511488