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CNY: Housing recovery spreading – TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Delhi) – Research Team at TDS, suggests that the recovery in Chinese house prices appears to be spreading, with prices up in 39 cities over December, vs 33 in November.

    Key Quotes

    “Also prices dropped in only 26 cities from the 27 prior. Prices in Shenzhen rose 3.2%/ and prices in Shanghai nearly 2%, the fastest pace in 6 months.

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