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.
Fannie Mae: Mortgage Serious Delinquency rate declined in March, Lowest since Feb 2008 - Fannie Mae reported that the Single-Family Serious Delinquency rate declined to 1.12% in March, from 1.19% in February. The serious delinquency rate is dow...