December New home prices in December up 7.7% y/y
- Beijing new home prices +8.3 pct y/y (November +7.7 pct)
- Shanghai new home prices +15.5 pct y/y (November +13.1 pct)
All China December new home prices +1.6 pct y/y (nov +0.9 pct) (that's via a Reuters calculation)
Headlines via Reuters
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More (via Bloomberg):
- December new home prices rise m/m in 39 cities (was in 33 in November)
- New home prices rise y/y in 21 cities (November was 21)
Shanghai December existing home prices rise 1.2% m/m
- Shanghai new home prices rise 15.5% y/y
- Shanghai new home prices rise 1.9% m/m
Beijing existing home prices rise 1.7% m/m
- Beijing new home prices rise 8.3% y/y
- Beijing new home prices rise 0.4% m/m
December new home prices ex affordable down in 49 cities y/y
- New home prices ex affordable up in 21 cities y/y
December new home prices ex affordable down in 27 cities m/m
- New home prices ex affordable up in 39 cities m/m
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Also, comments from PBOC:
- People’s Bank of China says will use monetary tools to maintain liquidity
