Chinese house prices ease

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!

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