News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Mixed
Wall Street
Mixed
Gold
Bullish
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • Point 3 is not talked about enough. The bureaucratic - dare I say, Leviathan - in most universities is resulting in tuition prices skyrocketing without adding clear value to the students. https://t.co/WNZIORrfAk
  • Think #amzn will gap higher on Monday after Black Friday and the giant move to online shopping?
  • The exponential moving average (EMA) is a derivative of the simple moving average (SMA) indicator. Compared to the SMA, the EMA weighs recent price changes more heavily than later changes in price. Learn how to incorporate the EMA into your strategy here: https://t.co/w48c0xJXSX https://t.co/xFmhA7ZHqU
  • Traders in the Euro have a big decision to make this weekend: if EUR/USD hits 1.20, will it continue to advance, consolidate or fall back? Get your $EURUSD market update from @MartinSEssex here:https://t.co/8hAhguZcEA https://t.co/kwtatozp3z
  • The bullish engulfing candle is one of the forex market's most clear-cut price action signals for reversals and continuation. Learn more about this price action trading signal here: https://t.co/Yg6ecRZZNr https://t.co/9SdceNYUEK
  • The bull flag pattern is a great pattern to add to a forex trader's technical arsenal. Explosive moves are often associated with the bull flag. Learn more about the bull flag pattern here: https://t.co/yOEvLjKnct https://t.co/imv2PnapzH
  • Defensive stocks have proven critically important when navigating stock market volatility. Find out what are the most defensive stocks here:https://t.co/TMcbMALtbw https://t.co/mmldxxEtsc
  • Dollar Index has broken major uptrend support and risks accelerated losses into the December open. Get your $USD technical analysis from @MBForex here:https://t.co/Txo8l8S1f1 https://t.co/YLVzP95JH8
  • The MACD is an indicator that uses exponential moving averages (EMA) to determine trend strength along with entry points based on crossovers. Find out how you can use the MACD as a buy/sell signal here: https://t.co/qxnP99uqTQ https://t.co/tGVqSZ2zK3
  • Support and resistance are the cornerstone of technical analysis, making it the foundation that you build your knowledge on. Build a stronger foundation here: https://t.co/yXLaRpl90I https://t.co/reMoYpqkQO
China Real Estate Market Recovery Slows in October

China Real Estate Market Recovery Slows in October

2015-11-18 04:32:00
Bradley A. Kearns,
Share:

Talking Points:

  • New home prices rose in 27 out of 70 cities surveyed in October vs 39 in September
  • Prices rose 6.5% and 10.9% year-over-year in Beijing and Shanghai respectively
  • Impact of Chinese housing market stimulus measures may be starting to wane

Stay updated on current economic releases with the DailyFX Real Time news feed.

New Home prices in October rose 0.6 percent month-over-month in Beijing and 1.8 percent month-over-month in Shanghai. The yearly changes for the two cities were 6.5 percent and 10.9 percent respectively. Out of the 70 cities that are surveyed, 27 saw new real estate prices inflate as opposed to 39 in September on a monthly basis. Thirty-three cities had their property values decline and 10 saw no change.

China has taken a number of policy measuresin an effort to prop up the housing market. The PBOC has cut interest rates six times in a span of twelve months, the down-payment ratio has been cut by five percent and the minimum down-payment for first-time buyers was cut by 5 percent. Comparing October’s figures to that of the previous month hints the impact of stimulus may be waning, though a single month of data is almost certainly insufficient to say so with certainty.

China Real Estate Market Recovery Slows in October

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES