China property price falls ease

Advertisement

See above today’s May China property price data from the National Bureau of Statistics. The number of cities registering price falls on a yearly basis increased but on a monthly basis increases rose in all three dwelling categories. It’s clear that, for the time being at least, price falls are moderating (at least on this incredibly broad data).

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.