China NDRC Property Index Rose 11.4% In June

July 12th, 2010 by Belisarius

Housing and commercial real-estate prices in China rose 11.4% in June compared with of 12.4% rise in May. It’s slowing down…I don’t understand spinning this as positive by mainstream media.

Chart 1. China NDRC Property Price Index – House Price YoY

Source: Bloomberg

This entry was posted on Monday, July 12th, 2010 at 7:55 am and is filed under China. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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