China March new home prices -0.08% m/m (prior -0.1%) and -4.6% y/y (prior -4.8%)

China March 2025 new home prices.

No one will be turning cartwheels at these results, the property sector in China remains in dire straits with huge debt overhangs. And falling prices are a vicious circle, why buy now if prices are falling? … Rinse, repeat.

Still, slightly less bad in March than in February.

First tier cities saw some price rises, lower tier cities tended towards slower declines

This article was written by Eamonn Sheridan at www.forexlive.com.