China October Property Prices

All China new home prices +0.1% y/y (Reuters calculation)

More (via Bloomberg and Reuters)

  • October new home prices rise m/m in 27 cities (39 in September)
  • October new home prices rise y/y in 16 cities (12 in September)

More:

  • Beijing October existing home prices rise 18.4% y/y
  • Shanghai October existing home prices rise 0.8% m/m
  • Shanghai October existing home prices rise 9.7% y/y
  • Beijing October existing home prices rise 1.1% m/m
  • Beijing October new home prices rise 6.5% y/y
  • Shanghai October new home prices rise 10.9% y/y
  • Shanghai October new home prices rise 1.8% m/m
  • Beijing October new home prices rise 0.6% m/m
  • October new home prices ex affordable up in 27 cities m/m
  • October new home prices ex affordable down in 54 cities y/y
  • October new home prices ex affordable down in 33 cities m/m
  • October new home prices ex affordable up in 16 cities y/y

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Very tentative sings of improvement in the price of property. Supply overhang and excess leverage still an issue in this market. Tier 1 cities doing better generally than others