Archive for May 19th, 2014

New Overnight Developments Abroad - Daily Update

Week Starts with More Sobering News about the Chinese Property Market

May 19, 2014

Chinese property prices rose 6.7% on year in April, down a whole percentage point from March and the smallest 12-month gain since May 2013.  Only 44 of 70 metro areas experienced higher prices in April than March, the fewest 3-1/2 years.  Overall house prices increased 0.3% on month. The dollar edged up 0.1% against the […] More