Global Macro Perspectives
Housing and commercial real-estate prices in China rose 6.4% y-o-y in December compared with 7.7% reading in November and 7.0% consensus. On monthly level the prices were up 0.3% same as in November.
Adding to China worries, it’s positive that the growth in real-estate value is moderating, but the risk (and fear) is that the prices could start falling.
** China NDRC Property Price Index ** China Trade Balance; Export & Import Growth ** China Monetary Aggregates ** China New Loan Issuance ** Consumer & Producer Price Indexes ** China Retail Sales Growth ** China Fixed Assets Investment **
(For September 2010) Housing and commercial real-estate prices in China rose 9.1% in September compared with 9.3% reading in August and 8.8% consensus. Chinese government has put the price increases under control. Chart 1. China NDRC Property Price Index – House Price y-o-y
(For August 2010) Housing and commercial real-estate prices in China rose 9.3% in August compared with 10.3% reading in July and 10.0% consensus. Chart 1. China NDRC Property Price Index – House Price YoY
Housing and commercial real-estate prices in China are up 10.3% YoY in July compared with of 11.4% YoY rise in June. It’s slowing down…down 0.1% MoM. Chart 1. China NDRC Property Price Index – House Price YoY
Housing and commercial real-estate prices in China rose 11.4% in June compared with of 12.4% rise in May. It’s slowing down…I don’t understand spinning this as positive by mainstream media. Chart 1. China NDRC Property Price Index – House Price YoY
Housing and commercial real-estate prices in China rose 12.4% in May compared with record reading of 12.8% in April and 12% consensus. Chart 1. China NDRC Property Price Index – House Price YoY