The point about Chinese house prices is a rising property market does provides some stimulus, at least in the short term.
If they rise really quickly though concerns about excess leverage start to increase.
Circle of life.
The figure in the headline is the 'all China' result, based on Reuters calculations. Results vary ny city and region of course.
+0.5% m/m
and +7.8% y/y (prior +8.4%)
