• Average new home prices in China's 70 major cities rose 0.3% m/m

  • Third consecutive monthly rise

  • Fell 3.7 % in July, y/y (in June was -4.9%y/y)

Reuters calculation from National Bureau of Statistics (NBS) data

More, via Bloomberg:

  • July new home prices rise y/y in 3 cities; 2 in June
  • July new home prices rise m/m in 31 cities; 27 in June
  • Shanghai July existing home prices rise 5.0% y/y & rise 1.6% m/m
  • Shanghai July new home prices rise 3.1% y/y & rise 1.6% m/m
  • Beijing July existing home prices rise 2.6% m/m
  • Beijing July new home prices rise 1.0% y/y & rise 1.1% m/m