The overall year-on-year decline in home prices across major Chinese cities continued to narrow in June, official data showed Wednesday, adding to signs of a gradual stabilization in the property market.

The overall year-on-year decline in home prices across major Chinese cities continued to narrow in June, official data showed Wednesday, adding to signs of a gradual stabilization…

China's home prices continued to fall in June, though at a slower pace, as the country's yearslong property slump dragged on.