China has released its latest house price data 19 June 2016
The figures were published yesterday in fact, but posting here now as a heads up.
– yy +6.9% vs +6.2% prev
The HPI is based on transactions involving conventional and conforming mortgages – only on single-family properties. It is a weighted, repeat-sales index, which means that it measures average price changes in repeat sales or refinancings on the same properties. Percentage change from a year earlier, 70 medium and large cities.