China June Home costs -3.2% y/y (prior -3.5%)

June housing information from China.

New House Costs -0.27% m/m

New House Costs -3.2% y/y

Used House Costs -0.61% m/m

Remark from China’s Nationwide Bureau of Statistics (NBS):

• new dwelling costs in 70 cities fell month-on-month in June
• year-on-year declines narrowed

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