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China January house price data: new home prices +2.5% y/y (prior +1.6%)

Discussion in 'Market News' started by ForexLive, Feb 26, 2016.

  1. ForexLive

    ForexLive Forum Member

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    The 2.5% rise in new home prices across China (Reuters with that calculation) is the 4th rise in succession. According to these data the housing market has indeed stabilized. Doubts and fears will remain, though, with still high inventory reported in many cities. While new investment and construction will be likely in the bigger cities, in these other areas the inventory will weigh.

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