英国4月DCLG房价指数同比 3.5%，前值 6.4%。 ...

潮新闻客户端 记者 蒋敏华 | | 城市 | 环比 | 同比 | 1-5月平均 | | | 环比 | 同比 | 1-5月平均 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 上年同月 | 上年同期 | 城市 | | | 上年同月 | 上年同期 | | | | 上月=100 | =100 | =100 | | | 上月=100 | =100 | =100 | | 北 ਜੇ | 京 海 | 99.6 99.5 | 95.7 | 94.7 97.8 | 唐 秦皇岛 | ш | 99.5 99.5 | 93.0 93.7 | 92.6 | | | | | 98.0 | | | | | | 93.1 | | 石 家 庄 | | 99.7 | 96.7 | 96.3 | 包 | ਜੇੱ | 99.7 | 93.8 | 93.6 | | 太 | 順 | 100.0 | 100.9 | 101.0 | ਦੇ | 东 | 99.8 | 94.9 | 94.1 | | 呼和浩特 | | 99.7 | 94.1 | 94.0 | 锦 | ...

英国5月Halifax季调后房价指数月率 -0.4%，预期-0.1%，前值0.3%。 ...

英国5月Nationwide房价指数环比 0.5%，预期 -0.2%，前值 -0.6%。 ...

英国3月DCLG房价指数年率 6.4%，前值5.40%。 ...

Core Viewpoint - The article discusses the recent trends in housing prices across major cities in China, indicating a halt in the previous upward momentum and an increase in the number of cities experiencing price declines, suggesting a prolonged search for a bottom in the housing market [1][4]. Housing Market Trends - In April, the number of cities with declining housing prices increased, with only six cities showing month-on-month price increases compared to fourteen in March [4]. - Major cities like Beijing, Hangzhou, Xiamen, and Shenzhen, which previously showed resilience, have now entered a downward trend [4]. - The average housing price index for first-tier cities decreased by 0.2%, while second and third-tier cities saw a decline of 0.4%, indicating a broader market weakness [4]. Economic Indicators - The current mortgage interest rates have dropped to around 3%, but the rental yield in many first and second-tier cities remains below 2%, leading to negative cash flow for property owners [4]. - The article highlights that the housing market is experiencing a structural shift due to demographic changes, with a significant reduction in the growth of the resident population expected over the next few decades [5]. Stock Market Insights - The article mentions that the valuation of the CSI 300 index is currently at 12.6, which is lower than many global indices, indicating a potential undervaluation in the A-share market [6]. - The low valuation of the CSI 300 is attributed to a high proportion of financial and state-owned enterprises, which may not prioritize shareholder returns [6]. Broader Market Context - The article notes that the Hong Kong stock market has seen significant new stock financing, surpassing 60 billion this year, indicating a strong appetite for capital among Chinese companies [7]. - The article also touches on the impact of U.S. economic conditions, including rising long-term treasury yields and the implications of a recent downgrade of the U.S. sovereign rating by Moody's [7].

Core Insights - The Halifax house price index in the UK increased by 0.3% month-on-month in April, contrary to expectations of a 0.1% decline [1] Group 1 - The actual growth in house prices indicates a stronger market performance than anticipated [1]

英国4月Halifax季调后房价指数年率 3.2%，预期2.6%，前值由2.8%修正为2.9%。 ...

英国4月Halifax季调后房价指数月率 0.3%，预期-0.1%，前值-0.5%。 ...

英国4月Nationwide房价指数月率 -0.6%，预期0%，前值0%。 ...