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A project that has been abandoned for nearly a decade is now under construction in Zhengzhou, Henan province, Sept. 3, 2023. Photo: VCG

A project that has been abandoned for nearly a decade is now under construction in Zhengzhou, Henan province, Sept. 3, 2023. Photo: VCG

The number of foreclosed homes on the market in China rose more than 12% year-on-year in the first half of 2024, a new report showed, reflecting the growing struggle of homebuyers to repay home loans amid the prolonged real estate slump.

A total of 202,000 foreclosed homes were listed for sale in the first six months of this year, according to a report published Friday by research firm China Real Estate Information Corp. (CRIC).

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