You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

26 Oct 2016 (AFR) – China releases extra housing data to confirm slowdown

(26 October 2016, AFR, p14, by Lisa Murray)

‘It’s rare in China for a government department to release more information than required. So analysts took note when the National Bureau of Statistics added two weeks of data to its September update on the property market last Friday. The message from the government was clear. Fears of a property bubble in China are premature. Purchase restrictions introduced across major cities are taking effect and runaway prices are being reined in.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: