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China home price data for September 2024: -5.7% y/y prior -5.3% -0.7% m/m prior also -0.7% Home prices fell in m/m 66 of 70 cities (prior 67)y/y 68 of 70 (prior also 68) We’ve been banging on all year (more?) about the vicious cycle of lower home prices breeding buyer reluctance (why buy no when...
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