China's property sector showed persistent weakness as fresh data rolled in. New home prices dropped 0.37% month-over-month in December, following November's 0.39% decline. The used home market fared even worse—prices fell 0.70% in December compared to 0.66% the month prior. This sustained downward pressure on residential real estate continues to reflect broader economic headwinds, something crypto traders monitor as a macro indicator affecting liquidity flows and risk sentiment.
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MainnetDelayedAgain
· 3h ago
According to the database, the decline in housing prices in China has continued into the second month, suggesting it should be included in the Guinness World Records.
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New home prices dropped by 0.37%, second-hand homes by 0.70%. How long has it been since the last "bottoming out and rebound" promise?
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It will eventually be realized, but what time standard are we using? Human or geological eras.
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Hitting new lows every month, the project's hype has been fermenting for so long. Let's wait patiently for the bloom, everyone.
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It's politely called "economic headwinds." I don't know if the data can be deceiving, but this decline can't fool anyone.
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Crypto traders are watching this. I'm looking at the art of time delay once again.
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BankruptWorker
· 01-19 01:57
Chinese real estate has dropped again, and now liquidity is about to collapse.
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OneBlockAtATime
· 01-19 01:40
Chinese real estate has fallen again, and this time the decline is accelerating. The drop in second-hand homes is even sharper than new homes. No wonder everyone is paying attention to the macroeconomic situation.
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NFTPessimist
· 01-19 01:39
Chinese real estate has dropped again. This is good, as liquidity becomes even tighter, the crypto world will have a harder time too.
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PerennialLeek
· 01-19 01:39
Chinese real estate has dropped again, and now the decline in second-hand homes is even sharper... To be honest, I'm a bit worried about liquidity being drained.
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Lonely_Validator
· 01-19 01:37
The Chinese housing market has dropped again, and now even second-hand homes can't hold up
If home prices keep falling like this, liquidity will become even tighter
To be honest, a housing market crash will have a significant impact on the crypto circle
It's another spiral decline... when will it rebound
The macro environment is poor, don't expect an altseason anytime soon
China's property sector showed persistent weakness as fresh data rolled in. New home prices dropped 0.37% month-over-month in December, following November's 0.39% decline. The used home market fared even worse—prices fell 0.70% in December compared to 0.66% the month prior. This sustained downward pressure on residential real estate continues to reflect broader economic headwinds, something crypto traders monitor as a macro indicator affecting liquidity flows and risk sentiment.