Chinese new home prices out on the weekend and the bifurcated market continues. Monthly values were up 0.9% and yearly by 9.6%:
Here’s the raw data:
First tier cities are becalmed but below that it is all still gogo:
63 out of 70 cities are rising:
Which has set up an unusual divergence between house prices and bulk commodity stocking:
As growth slows, it will not be easy stimulate and already stimulated housing market!