53 cities up, 46 down and 1 flat. 15 cities saw prices rise more than 1%. Number of cities falling more than 1% fell to 12.
Here is your bifurcation headline number: the median new home price increased 1.03% in June.
The bottom cities were not no names. Rizhao, Jinan (both in Qingdao), Kunming, Urumqi, Sanya were among the cities with the largest price declines.
Among the winners that aren't top 10 cities: Lanzhou, Baoding, Kunshan and Xiamen.
Shenzhen is still blowing away the competition, up 6.58% in June. It is now pricier than Shanghai. Existing home prices in Shenzhen increased 8.6% in June. Shenzhen home prices are up 13.7% over last year.
Weekly Initial Unemployment Claims increase to 257,000 - The DOL reported: In the week ending April 22, *the advance figure for seasonally adjusted initial claims was 257,000*, an increase of 14,000 from the prev...