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China Index Academy data show Jan–Jul nationwide judicial-auction residential listings 245,000 units, up 23.1% YoY; sold units 89,000, up 42.7% YoY. Clearance rate 36.2%, up 4.97 ppt YoY. Total transaction value 96.98 bln yuan, up 21.04% YoY. Average

2026-08-11

China Index Academy data show Jan–Jul nationwide judicial-auction residential listings 245,000 units, up 23.1% YoY; sold units 89,000, up 42.7% YoY. Clearance rate 36.2%, up 4.97 ppt YoY. Total transaction value 96.98 bln yuan, up 21.04% YoY. Average transaction price 8,081 yuan/sq m, down 9.1% YoY.

Other News
2026-08-11

Reserve Bank of Australia: recent government budget has not changed the outlook for public demand.

Reserve Bank of Australia: recent government budget has not changed the outlook for public demand.
2026-08-11

US Dollar: 1. Congressional Budget Office: The US federal deficit for the first 10 months of fiscal year 2026 is $1.8 trillion, an increase of $169 billion from the same period last year. 2. Federal Reserve's Hamak: Multiple rate hikes may be neede

US Dollar: 1. Congressional Budget Office: The US federal deficit for the first 10 months of fiscal year 2026 is $1.8 trillion, an increase of $169 billion from the same period last year. 2. Federal Reserve's Hamak: Multiple rate hikes may be needed to suppress inflation; July employment data will not change the focus on inflation. 3. Trump claims he has only spoken briefly with Warsh since Warsh took office, denying frequent communication. South Korean Won: 1. South Korean Finance Minister: All possible policy measures will be taken to reduce market volatility. 2. Senior Deputy Governor of the Bank of Korea: The central bank is more focused on demand-side inflationary pressures; one additional rate hike is expected. Japanese Yen: 1. Japanese media: It is reported that the Bank of Japan will raise interest rates in September to address inflation risks. Australian Dollar: 1. Australian business conditions improved slightly in July, but business confidence remains fragile. 2. The Reserve Bank of Australia kept interest rates unchanged, in line with expectations, noting that inflation risks are skewed to the upside. 3. Capital Economics: The Reserve Bank of Australia (RBA) retains the possibility of raising interest rates, but only if "upside risks materialize." 4. RBA Governor Bullock: No rate cuts were discussed at the meeting; only rate hikes or maintaining the current rate were discussed.
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