$SOMI China's property crisis shows no signs of slowing: $JTO

$FRAX New home prices in 70 Chinese cities declined -0.4% MoM in December and -2.7% YoY.

Used home values dropped -0.7% MoM, the biggest drop in 15 months, with all 70 major cities posting declines.

Home prices in China have now fallen in 42 of the last 45 months, the worst streak this century.

Meanwhile, nationwide residential sales plummeted to $1trillion in 2025, the lowest since 2015.

These sales have collapsed -55% from their 2021 peak.

China’s 2008 moment is accelerating.