China property prices resurgent

Friday 18 March 2016

You can’t keep a good bubble down and global authorities know no other way to grow! Chinese new house prices are off to the races again in February jumping 0.6% on the month:

To be up 3.6% on the year:

And there was even a little broadening with 47 cities now seeing price rises for the month:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.