Blogotariat

Oz Blog News Commentary

Chinese property sinks toward bottom of ocean

August 19, 2024 - 09:30 -- Admin

These charts are from the National Bureau of Statistics. From peak, sales are down about half, starts are down about three-quarters, and completions are down about a quarter: Year-to-date numbers are well below the most bearish cases, except mine! Prices are down, down: There is no end in sight.

The post Chinese property sinks toward bottom of ocean appeared first on MacroBusiness.