BREAKING: New home prices in China's 70 major cities dropped -4.6% year-over-year in April.
Existing home prices fell -6.8%, after a -7.3% drop in March.
Chinese home prices have now declined for nearly 4 years STRAIGHT.
Meanwhile, property investment declined -10.3%… pic.twitter.com/ke4rwT1otC
— The Kobeissi Letter (@KobeissiLetter) May 21, 2025