China February 2025 New Home Prices
fall 4.9% y/y
- January was a fall of 5% t/t
and fall 0.1% m/m
- January was 0% change m/m
Earlier re China:
- PBOC sets USD/ CNY reference rate for today at 7.1688 (vs. estimate at 7.2199)
- Strongest for CNY since November 2024.
- Weekend media – China should choose the right timing and force in easing monetary policy
- Weekend – China city Shenzen announced eased housing finance rules
- ICYMI: $US3 to 5 billion in US beef, pork and chicken trade to China is at risk
- Weekend – China released a 30-point plan aimed at boosting domestic consumption
This article was written by Eamonn Sheridan at www.forexlive.com.
