Chinese house prices slow again

Monday, 19 June 2017

It’s an unusual house price cycle in China but it is following the script in slow motion. May house prices rose 0.7% across the 70 city index and annual growth fell to 10.4%:

It is an increasingly bifurcated market with top tiers now flat or falling and lower tiers still growing:

The net number of flat or falling markets rose to 24 of 70:

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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.