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China February new house prices -1.4% y/y (prior -0.7%)

China February new house prices -1.4% y/y (prior -0.7%)

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By Eamonn Sheridan
15/03/2024 | 01:31 GMT
  • New home prices fell 0.3% m/m in February 2024, vs. -0.37% in January

Continued decline for house prices in China.

Falling prices can be a vicious circle, as falling prices convince people to delay from buying as they expect prices to fall further.

China's property sector remains deeply mired in debt.

china house home property 17 January 2024

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