China property price data

  • June Beijing new home prices +10.7 pct y/y (May +13.5 pct)
  • June Shanghai new home prices +8.6 pct y/y (May +13.2 pct)
  • Guangzhou new home prices +17.8 pct y/y (May +19.4 pct)
  • Shenzhen new home prices +2.7 pct y/y (May +5.4 pct)
  • Beijing new home prices -0.4 pct m/m (vs unchanged prev month)
  • Shanghai new home prices -0.2 pct m/m (vs unchanged prev month)
  • Shenzhen new home prices unchanged m/m (vs -0.6 pct prev month)
  • All China June new home prices up 0.7% m/m (same as previous month)

Headlines via Reuters

More:

June new home prices up m/m in 60 cities (was 56 in May)

  • Up in 70 cities for the y/y (compared with 69 in May)