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China November new home prices -0.3% m/m (prior also -0.3%)

China November new home prices -0.3% m/m (prior also -0.3%)

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By Eamonn Sheridan
15/12/2023 | 01:35 GMT
  • Why buy a house when prices are falling, be cheaper next month? (Hello vicious circle)

House prices in China continue to fall:

-0.3% m/m

  • prior -0.3%

-0.2% y/y

  • prior -0.1%

***

China's property sector has been weighed down by monumental debts. Hosue prices not showing signs of a sustainable recovery yet.

china property house 11 July 2023

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