China property prices up in December

Friday 18 January 2013

It’s not easy to judge exactly but it looks like China’s real estate prices continued to recover in December, more cities in both new and existing stock shown rises and less showed falls. Month on month looks more positive:

And year on year:

But with such vague data it is difficult to conclude much beyond the decreasing likelihood of monetary easing.

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.