China's January new home prices - rise for the first time m/m since September

  • Data was out a little earlier, catching up now

Average new home prices in China's 70 major cities rose 0.1% m/m in January

  • was -0.2% in the previous month

For the y/y, +2.3% in January

  • +2.6% December

China's property sector is suffering from debt defaults - this rise in prices will be welcome news indeed.

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