China's Jan-Nov realestate development investment fell by 9.4% y/y to 10.4 trillion yuan.
Jan-Nov residential housing sales areas -8% y/y to 1,005 million square meters, while the total sales -5.2% y/y to 10.5 trillion yuan.
Sentiment 93.42
Sentiment 93.42
China's November home prices fell by 0.37% m/m, the decline narrowed compared to the data in October.
China's November 1st-tier cities' new home prices -0.3% m/m from -0.2% but +0.3% y/y, 2nd-tier -1.4% m/m and -2.9% y/y.
There are 59 cities out of 70 with m/m decreases in sales prices of new homes and 69 decrease in 2nd-hand, compared to 56 and 67 in October respectively.
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