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Weekend China data - New home prices unchanged in June, weakest result this year

Data released on Saturday from China's National Bureau of Statistics (NBS) for new home prices in the country for June:0% change m/m, the weakest so far for 2023prior +0.1% in MayAlso 0% y/yprior +0.1% y/y in May alsoThere have been more support measures for the property sector in China over past weeks but they have been piecemeal. Traders want to see more substantial support/stimulus measures from China but are not getting them. This article was written by Eamonn Sheridan at w... Read More

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Posted: Jul 16 2023, 21:38

Author Name: forexlive

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