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Weekend data: China's March new home prices rose at their fastest pace in 21 months
New home prices in March + 0.5% m/m February was +0.3%third consecutive monthly riseFor the y/y, -0.8%prior -1.2%11th month of y/y falls China's National Bureau of Statistics (NBS) surveyed 70 cities:64 cities registered higher new home prices in monthly terms, the most since May 2019was 55 in February-The data adds to the case for recovery, perhaps tentative at this stage, in the property sector. Coming up from China today is this month's Medium-term Lending Facility (MLF) rollover/injection/ra...
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Posted: Apr 16 2023, 23:18
Author Name: forexlive
Views: 110566