I tweeted out the headline, but here is the link to the Moody's piece:
Moody's: China home prices cool further in face of continued regulatory measures
- China's residential property prices have cooled further in view of the implementation of tight controls in major cities since September 2016 aimed at curbing price rises by dampening investment and speculative activity
- "Price growth in tier 1 and 2 cities is likely to remain muted in the next 6-12 months as the current tight regulatory measures are unlikely to see any loosening," says Kaven Tsang, a Moody's Vice President and Senior Credit Officer.