China June new house prices -4.5% y/y (prior -3.9%)
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% m/m, slightly slower than the drop in May. Still to come:Economic calendar Asia Monday, 15 July 2024 - Chinese economic activity data, also Q2 GDP This article was written by Eamonn Sheridan at www.forexlive.com.
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% m/m, slightly slower than the drop in May.
Still to come:
This article was written by Eamonn Sheridan at www.forexlive.com.
