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All The Home Prices In China

  • Written by Syndicated Publisher No Comments Comments
    February 26, 2014

    Reuters reports that efforts to slow credit growth and other measures taken by the Chinese government have finally succeeded in slowing the rate of growth in property values as new home prices in 70 major cities rose 9.6 percent in January from a year ago, down from 9.9 percent the month prior and the slowest rate of appreciation since late-2012.

    There’s a much bigger chart here showing all 70 cities for anyone who knows the difference between Xining and Tianjin. They still have a bit of a bubble on their hands, but, as Canada has proven in recent years, bubbly real estate markets can stay bubbly for a very long time.

    Images: via Flickr (licence attribution)

    About The Author

    As you may have already deduced, this is not your typical financial blog, accompanied by some run-of-the-mill investment newsletter, and I’m not your typical financial writer.

    In fact, I spent my entire working career as an engineer before retiring back in 2007 at the tender young age of 46. Two years prior to that in 2005 I started writing a blog – The Mess That Greenspan Made – mostly just to poke fun at the housing bubble and the policy makers who had led us down that path.

    Details about the investment newsletter and information about the performance of the associated “model portfolio” can be found here and if there are any questions that I can help answer, just send mail to tim@iaconoresearch.com.

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