Chinese House Price Index for May 2026 -3.5% y/y
prior -3.5%
The m/m is -0.2%
prior -0.1%
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Weak house prices feed into weak consumer sentiment and demand. Not a good spiral for China.
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I posted this yesterday on strenuous efforts from China:
Chinese municipalities ramp housing subsidies, provident fund rules to stabilise property
This article was written by Eamonn Sheridan at investinglive.com.