China June new house prices -4.5{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea} y/y  (prior -3.9{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea})

China June new house prices -4.5{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea} y/y (prior -3.9{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea})


China new home prices continue their slump. Despite all the support measures being provided for the sector recovery is not yet in sight.

On a brighter note used home prices dropped 0.85{721fc769be108e463fe4e33f629fb22fe291c423a7a69eaaf65dcb28e9b05dea} m/m, slightly slower than the drop in May.

Still to come:

This article was written by Eamonn Sheridan at www.forexlive.com.



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