MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

MNI BRIEF: Japan Oct Core CPI Rises 2.3%, Services Rise

MNI BRIEF: Fed Should Explore Central Clearing At SRF-Hammack

MNI China Daily Summary: Thursday, November 21

MNI BRIEF: China To Enhance Support For Foreign Trade - MOFCOM

MNI: UK NOV GFK CONSUMER CONFIDENCE INDEX -18

MNI JAPAN OCT CORE CPI +2.3% Y/Y; SEPT +2.4%

MNI: FED BALANCE SHEET TOTAL ASSETS -$43B TO $6.924T IN WEEK

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CHINA:  Housing Price Data Preview: Looking for Stability.

CHINA
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets
  • Tomorrow sees the release of two key data points for the housing market, the month on month change in New and Used Home Prices
  • Prices for both have declined consistently since early 2023, with the trend beginning in 2018.
  • The housing market decline in recent years has brought the broader economy with it, resulting in the various stimulus measures announced since September.
  • During and following the national holidays in October, China’s residential home sales jumped 73% for October compared to the previous month, with the value of new home sales rising 7.1%.   
  • It may be less likely that tomorrow's data will see a return to positive, however authorities will be looking for signs that the various stimulus measures are halting the price declines. 
123 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Tomorrow sees the release of two key data points for the housing market, the month on month change in New and Used Home Prices
  • Prices for both have declined consistently since early 2023, with the trend beginning in 2018.
  • The housing market decline in recent years has brought the broader economy with it, resulting in the various stimulus measures announced since September.
  • During and following the national holidays in October, China’s residential home sales jumped 73% for October compared to the previous month, with the value of new home sales rising 7.1%.   
  • It may be less likely that tomorrow's data will see a return to positive, however authorities will be looking for signs that the various stimulus measures are halting the price declines.