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Home prices in China fell 1.2% m/m in September, even more in y/y terms | Forexlive

There has been a huge amount of Chinese economic data released now that the Communist Party Congress has finished:

Home prices also (numbers are Reuters calculations):

  • -1.2% m/m …. Update, Reuters amend their calculation to -0.2% m/m, the y/y remains the same
  • -1.5% y/y

The drops are showing the impact of China’s debt-ridden collapsing property market