China March new house prices -0.3% m/m (prior also -0.3%)
globalreutersApril 16, 20241 Mins read China’s property market continues to dribble along its lacklustre path.
New house prices -0.3% m/m
- prior -0.3%
For the y/y, -2.2%
- prior -1.4%
These house price declines are a bit of a vicious circle, there more they fall the more people tend to hold off on purchases waiting for prices to fall further.
Still to come is a data deluge including retail sales and industrial production for March:
This article was written by Eamonn Sheridan at www.forexlive.com.
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