China July new home prices -0.9% m/m and +2.5% y/y (June was +4.2% y/y) according to Reuters calculation.

  • Property prices down now for 3rd consecutive month

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  • Beijing July new home prices -1% m/m
  • Shanghai July new home prices -1.2% m/m
  • July new home prices in Beijing +4.0% y/y (vs. +6.4% in June)
  • July new home prices in Shanghai +4.1% y/y (vs. +7.0% in June)
  • July new home prices fall m/m in 64 cities (was 55 in June)
  • July new home prices fall y/y in 3 cities (was 1 in June)
  • July existing home prices in Beijing -0.8% m/m and +2.4% y/y
  • July existing home prices in Shanghai -0.9% m/m and +3.2% y/y