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 - 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]

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]

Group 1 - The Nationwide House Price Index in the UK for June showed a month-on-month decline of 0.8%, contrasting with the expected increase of 0.1% and the previous value of 0.5% [1]

Group 1 - The Nationwide House Price Index for June in the UK showed a month-on-month decline of 0.8%, contrasting with the expected increase of 0.2% [1] - The previous value was revised down from 0.5% to 0.4%, indicating a downward trend in house prices [1]

Group 1 - Domestic refined oil will enter a new round of price adjustment window [1] - Key economic data releases include China's June Caixin Manufacturing PMI and Eurozone's June CPI [1][1] - Major central bank leaders will participate in a panel discussion [1] Group 2 - Various manufacturing PMIs from Germany, France, and the UK will be released [1][1] - The US will report on May JOLTs job openings and construction spending [1][1] - API crude oil inventory data will be released for the week ending June 28 [1]

Group 1 - The core point of the article indicates that the S&P/CS 20-City Composite Home Price Index in the U.S. decreased by 0.31% month-over-month in April, contrasting with the expected 0% change and a previous value of -0.12% [1]