China is out with its 70-city new house prices measure for July at 0.6 month and month a 9.7% year on year:
Top tiers are still struggling but below that is strong:
And strength remains quite broad based:
Here they are:
Stable gains.
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.
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.
Latest posts by David Llewellyn-Smith (see all)
- Err…shouldn’t we be saving the last iron ore boom? - May 7, 2021
- Australian dollar badly lags commodities rocketship - May 7, 2021
- Services PMI finally booms a bit - May 7, 2021
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