Abnormal movement in US stock market | Fangdd Network (DUO.US) surged by 13% in August, the price decline of residential properties in first and second-tier cities narrowed on a month-on-month basis.

According to the Sina Finance app, on Tuesday, Fangduoduo (DUO.US) surged 13% to $3.47. In terms of news, the National Bureau of Statistics announced statistical data on the price changes of commodity residential sales in August on September 15. In August, the sales prices of new commodity residential homes in first-tier cities decreased by 0.1% month-on-month, narrowing by 0.1 percentage points compared to the previous month; the sales prices of new commodity residential homes in second-tier cities decreased by 0.3% month-on-month, narrowing by 0.1 percentage points; the sales prices of new commodity residential homes in third-tier cities decreased by 0.4% month-on-month, expanding by 0.1 percentage points.