June housing data from China.
New Home Prices -0.27% m/m
prior –0.22%
New Home Prices -3.2% y/y
prior -3.5%
Used Home Prices -0.61% m/m
prior -0.50%
Comment from China’s National Bureau of Statistics (NBS):
new home prices in 70 cities fell month-on-month in Juneyear-on-year declines narrowed
This article was written by Eamonn Sheridan at www.forexlive.com.