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.
Residential property markets in Asia are mixed with some, such as Singapore, soaring above trend, whereas others are stagnating or declining, and it is not just China. Tighter monetary policy and debt issues have impacted some markets, including Korea. Korean house prices steadied in H2 2023 to be down 4.7% y/y in December but they remain above trend. Housing is not an area of concern for most countries with positive annual growth in prices and some below-trend markets are correcting for a period of above trend house price inflation. Where prices are falling, such as in China, HK and Korea, policy makers have either reacted or are watching developments closely.
North Asian residential property prices y/y%
Source: MNI - Market News/Refinitiv
ASEAN residential property prices y/y%
Source: MNI - Market News/Refinitiv
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.