Home prices sink further in May
China’s housing price slump accelerated in May.
According to the stats bureau’s (NBS) monthly survey of home prices in 70 cities, published Monday (Bloomberg):
Prices of newly built housing dropped 0.71% m/m, the worst decline in nearly a decade.
Compared to May 2023, prices have slumped 4.3%, a pa...
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.