- Beijing new home prices +16.4% y/y (September was +16.0%)
- Shanghai new home prices +17.8% y/y (September was +17.0%)
- Rises in Beijing and Shanghai are the strongest since the data series began in 2011
69 of the 70 cities tracked saw rising home prices
The m/m data from China’s national Bureau of Statistics is a little less hot:
- prices up 0.6%in October, easing back a little from September’s + 0.7%
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For existing homes (not new homes):
- Beijing +19%
- Shanghai +13.2%
