China’s October property market

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Cross-posted from Investing in Chinese Stocks.

Not a lot new here, but I see the question being asked as to whether prices are really recovering, or whether this is a case of volume picking up as prices drop. Guangzhou saw the largest increase in sales (measured by area), but also the largest drop in prices among first tier cities. iFeng: 双限松动 银十披金

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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.