BEIJING, Dec 15 (Reuters) - China's new home prices extended a decline in November, official data showed on Monday, indicating that a recovery in demand remains elusive despite the government vowing to stabilise the sector.

Prices fell 0.4% month-on-month, according to Reuters calculations based on National Bureau of Statistics data, compared with a 0.5% decline in October.

On an annual basis, home prices fell 2.4% in November, steeper than the 2.2% drop the previous month.