China house prices continue recovery

David Llewellyn-Smith

Tuesday, 18 August 2015

China has released its July house prices and the recovery continues at a slightly slower pace on the month up 0.3%:

Year on year prices are now down -3.7%:

And the number of rising price cities outpaced those falling for the first time in this cycle 31-29:

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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.