Logo 16 Aug 2023

Given up the ghost

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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China’s stats bureau released home price data for July on Wednesday.
The big takeaway: The decline in house prices accelerated in July.

Average home prices in 70 cities were down 0.23% m/m.
That was worse than the 0.06% m/m fall seen in June.

In secondary markets, things are even worse:

Prices dr...