China house prices slow some more

Advertisement

Over the weekend Chinese house prices were out for February and showed ongoing slowing with month on month prices up 0.5% versus 10.4% year on year:

Clearly year on year is about to peak as well. Breadth of gains is also deteriorating slowly with 50/20 split on prices rises and falls/stable across cities:

Advertisement

First tier cities have accelerated again but lower tiers are about toll over:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
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.