China March new dwelling costs -Zero.08% m/m (prior -Zero.1%) and -Four.6% y/y (prior -Four.eight%)
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China March 2025 new dwelling costs.
Nobody will likely be turning cartwheels at these outcomes, the property sector in China stays in dire straits with enormous debt overhangs. And falling costs are a vicious circle, why purchase now if costs are falling? … Rinse, repeat.
Nonetheless, barely much less unhealthy in March than in February.
First tier cities noticed some worth rises, decrease tier cities tended in direction of slower declines
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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