China May New Home Prices Rose in 56 out of 70 Cities M/M

The transcript discusses real estate price trends in major Chinese cities like Beijing, Shanghai, and Shenzhen, noting that prices remained stable month-on-month but showed significant year-on-year changes. It highlights the overall market trend of price increases in 56 out of 70 surveyed cities, aligning with policy goals to moderate price rises. The discussion includes the impact of government curbs on the real estate sector, expectations for future policy adjustments, and the importance of the sector to the Chinese economy. Additionally, it covers inventory management in lower-tier cities and the role of mortgage lending in shaping market dynamics.

What measures have policymakers taken to control price rises in tier cities?

What impact does the real estate sector have on the Chinese economy?