House prices in China continue to fall:
-0.3% m/m
- prior -0.3%
-0.2% y/y
- prior -0.1%
***
China's property sector has been weighed down by monumental debts. Hosue prices not showing signs of a sustainable recovery yet.
China November new home prices -0.3% m/m (prior also -0.3%)
- Why buy a house when prices are falling, be cheaper next month? (Hello vicious circle)