China Home Prices Rise in September

The monthly 70 city NBS home price survey showed higher prices in 39 cities vs August and lower prices in 21 cities,  Compared to September 2014 the top 5 cities were major markets:

CHina Home Price Top 5 Cities Sep 2015

Continued strength in Shenzhen (+4% in Sep) suggests that the Summer crash of the Shenzhen stock market is not having a significant impact on consumer spending.

The weakest markets compared to September 2014 were smaller cities:

CHina Home Price Bottom 5 Cities Sep 2015

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