China house prices up again but…

Friday, 23 October 2015

China’s official September house price data is out and its recovery continues up 0.3% month on month:

For now the acceleration in house price growth appears to have topped out, and very early in the cycle too if it proves to be the case. Year on year prices are still down -0.9% but clearly not for long:

Prices rose in 39 cities versus 35 in August:

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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.