SHANGHAI -- China's property sales this year are likely to come in at about half the level recorded just three years ago, despite a slight uptick in November, underscoring the challenge Beijing faces in maintaining policy support to reverse the market's downturn.
Sales of new commercial property -- mostly homes but also including office space -- for the January-November period fell 19.2% year on year to 8.51 trillion yuan ($1.17 trillion), the National Bureau of Statistics said on Monday.
