China June House prices -3.2% y/y (prior -3.5%)
June housing data from China.
New Home Prices -0.27% m/m
- prior –0.22%
New Home Prices -3.2% y/y
- prior -3.5%
Used Home Prices -0.61% m/m
- prior -0.50%
Comment from China's National Bureau of Statistics (NBS):
- new home prices in 70 cities fell month-on-month in June
- year-on-year declines narrowed
