Goldman with the update.
Property risks linger: Declines in property prices accelerated in March, both in the officialNBS 70-city house prices and in third-party provided existing home prices.
In the March activity data, housing starts, new property sales, housing completions and property investment continued to show large year-over-year declines (-25.4%, -18.3%, -21.8%, and -10.0%, respectively).
