Chinese house prices have a slightly better month

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China’s new house prices for October are out and they had slightly better month at a 0.3% gain with year on year still falling to 5.4%:

All major city tiers are still slowing:

And the dispersion of slowing broadened as more cities stalled, though less fell:

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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.