Core Insights - The FHFA House Price Index for May showed a month-over-month decline of 0.2%, matching expectations and indicating a slight adjustment in the housing market [1] - The previous value was revised from -0.40% to -0.3%, suggesting a minor improvement in the historical data [1]

Group 1 - The FHFA house price index for May and the S&P/CS 20-city unadjusted house price index year-on-year are set to be released shortly [1]

Group 1 - Domestic refined oil prices are set to enter a new adjustment window [1] - The Bank of England's mortgage approvals for June will be released at 16:30 [1] - The FHFA House Price Index for May will be published at 21:00 [1] Group 2 - The S&P/Case-Shiller 20-City Composite Home Price Index for May will be released at 21:00 [3] - The JOLTs job openings report for June will be available at 22:00 [3] - The Conference Board Consumer Confidence Index for July will be released at 22:00 [3] - The API crude oil inventory report for the week ending July 25 will be published at 04:30 the next day [3]

Group 1 - The core point of the article indicates that the UK DCLG house price index increased by 3.9% year-on-year in May, compared to a previous value of 3.5% [1]

Core Viewpoint - The real estate market in China is showing signs of stabilization, with a continued narrowing of price declines in both new and second-hand residential properties across various city tiers [1][2]. Group 1: Price Trends - In June, new residential property prices in first-tier cities decreased by 0.3% month-on-month, while second and third-tier cities saw declines of 0.2% and 0.3% respectively [1]. - Year-on-year, new residential property prices in first-tier cities fell by 1.4%, a reduction in the decline by 0.3 percentage points compared to the previous month. Second and third-tier cities experienced year-on-year declines of 3.0% and 4.6%, with reductions in decline of 0.5 and 0.3 percentage points respectively [1]. - Second-hand residential property prices in first-tier cities dropped by 3.0% year-on-year, with the decline expanding by 0.3 percentage points from the previous month. Second and third-tier cities saw year-on-year declines of 5.8% and 6.7%, with declines narrowing by 0.3 and 0.2 percentage points respectively [1]. Group 2: Market Insights - The real estate market in first-tier cities has been in a downward trend for two consecutive months, although high-end luxury projects in Shanghai have led to a price increase [2]. - The core areas of first-tier cities exhibit less price volatility compared to suburban areas, indicating a pattern of "core resilience and peripheral pressure" [2]. - The ongoing narrowing of price declines in second and third-tier cities suggests a long-term market recovery, with expectations for enhanced real estate policies in the second half of the year to stabilize core city markets [2].

Group 1 - The core point of the article is the upcoming release of China's June housing price index for 70 major and medium-sized cities, scheduled for 09:30 Beijing time [1]

英国6月Halifax季调后房价指数年率 2.5%，前值由2.5%修正为2.6%。 ...

智通财经7月7日电，英国6月Halifax季调后房价指数同比增长2.5%，前值由2.5%修正为2.6%。 ...

Group 1 - The Halifax house price index for June showed a month-on-month change of 0%, matching expectations and indicating stability in the housing market [1] - The previous value was revised from -0.4% to -0.3%, suggesting a slight improvement in the prior month's performance [1]

Group 1 - The Nationwide house price index in the UK recorded a month-on-month decline of 0.8% in June, marking the largest drop since January 2023 [1]