China February new house prices -1.4% y/y (prior -0.7%)
Continued decline for house prices in China. Falling prices can be a vicious circle, as falling prices convince people to delay from buying as they expect prices to fall further.China's property sector remains deeply mired in debt. This article was written by Eamonn Sheridan at www.forexlive.com.
Continued decline for house prices in China.
Falling prices can be a vicious circle, as falling prices convince people to delay from buying as they expect prices to fall further.
China's property sector remains deeply mired in debt. This article was written by Eamonn Sheridan at www.forexlive.com.
