{
 "id": "cn-houses",
 "name": "House prices, y/y",
 "region": "china",
 "layer": "cycle",
 "unit": "%",
 "cadence": "quarterly",
 "state": "triggered",
 "qualifier": "below threshold since Q1 2022",
 "threshold": {
  "label": "\u003c 0 for 2 quarters",
  "op": "lt",
  "value": 0
 },
 "distance": -6.300661,
 "score": 10.6,
 "latest": {
  "period": "2026-01-01",
  "value": -6.300661
 },
 "stale": false,
 "trend": "falling",
 "publisher": "Bank for International Settlements, from the NBS seventy-city survey of new residential buildings",
 "series_code": "WS_SPP Q.CN.N.628",
 "licence": "BIS terms of use: free reuse with attribution",
 "description": "Nominal residential property prices, all dwellings, as a change over four quarters, from the BIS's selected series, which restate the NBS seventy-city survey of new residential buildings on a common base. Housing is the largest asset households own and the collateral behind most private credit, so a year-on-year fall in prices marks the point at which a slowdown reaches balance sheets. The series was added in September 2026 after an outside review.",
 "points": [
  {
   "period": "2006-04-01",
   "value": 4.845949
  },
  {
   "period": "2006-07-01",
   "value": 4.918607
  },
  {
   "period": "2006-10-01",
   "value": 5.010941
  },
  {
   "period": "2007-01-01",
   "value": 5.297737
  },
  {
   "period": "2007-04-01",
   "value": 5.875993
  },
  {
   "period": "2007-07-01",
   "value": 6.97916
  },
  {
   "period": "2007-10-01",
   "value": 8.951652
  },
  {
   "period": "2008-01-01",
   "value": 9.403257
  },
  {
   "period": "2008-04-01",
   "value": 7.851172
  },
  {
   "period": "2008-07-01",
   "value": 5.502555
  },
  {
   "period": "2008-10-01",
   "value": 1.790269
  },
  {
   "period": "2009-01-01",
   "value": -0.190294
  },
  {
   "period": "2009-04-01",
   "value": -0.470659
  },
  {
   "period": "2009-07-01",
   "value": 1.18675
  },
  {
   "period": "2009-10-01",
   "value": 4.428363
  },
  {
   "period": "2010-01-01",
   "value": 8.992631
  },
  {
   "period": "2010-04-01",
   "value": 10.624141
  },
  {
   "period": "2010-07-01",
   "value": 8.703647
  },
  {
   "period": "2010-10-01",
   "value": 7.488674
  },
  {
   "period": "2011-01-01",
   "value": 5.889177
  },
  {
   "period": "2011-04-01",
   "value": 4.274796
  },
  {
   "period": "2011-07-01",
   "value": 4.088661
  },
  {
   "period": "2011-10-01",
   "value": 2.294433
  },
  {
   "period": "2012-01-01",
   "value": 0.137664
  },
  {
   "period": "2012-04-01",
   "value": -1.120613
  },
  {
   "period": "2012-07-01",
   "value": -1.173028
  },
  {
   "period": "2012-10-01",
   "value": -0.519786
  },
  {
   "period": "2013-01-01",
   "value": 1.869758
  },
  {
   "period": "2013-04-01",
   "value": 5.279226
  },
  {
   "period": "2013-07-01",
   "value": 7.507644
  },
  {
   "period": "2013-10-01",
   "value": 9.073456
  },
  {
   "period": "2014-01-01",
   "value": 8.232064
  },
  {
   "period": "2014-04-01",
   "value": 5.329448
  },
  {
   "period": "2014-07-01",
   "value": 0.641844
  },
  {
   "period": "2014-10-01",
   "value": -3.45347
  },
  {
   "period": "2015-01-01",
   "value": -5.660813
  },
  {
   "period": "2015-04-01",
   "value": -5.907242
  },
  {
   "period": "2015-07-01",
   "value": -3.112225
  },
  {
   "period": "2015-10-01",
   "value": -0.287204
  },
  {
   "period": "2016-01-01",
   "value": 3.447534
  },
  {
   "period": "2016-04-01",
   "value": 5.803889
  },
  {
   "period": "2016-07-01",
   "value": 7.557114
  },
  {
   "period": "2016-10-01",
   "value": 9.514049
  },
  {
   "period": "2017-01-01",
   "value": 8.147977
  },
  {
   "period": "2017-04-01",
   "value": 8.047438
  },
  {
   "period": "2017-07-01",
   "value": 6.833826
  },
  {
   "period": "2017-10-01",
   "value": 4.990793
  },
  {
   "period": "2018-01-01",
   "value": 4.357039
  },
  {
   "period": "2018-04-01",
   "value": 3.827938
  },
  {
   "period": "2018-07-01",
   "value": 5.780511
  },
  {
   "period": "2018-10-01",
   "value": 7.203323
  },
  {
   "period": "2019-01-01",
   "value": 7.596341
  },
  {
   "period": "2019-04-01",
   "value": 7.402123
  },
  {
   "period": "2019-07-01",
   "value": 5.270434
  },
  {
   "period": "2019-10-01",
   "value": 3.781275
  },
  {
   "period": "2020-01-01",
   "value": 2.991101
  },
  {
   "period": "2020-04-01",
   "value": 2.26184
  },
  {
   "period": "2020-07-01",
   "value": 2.213436
  },
  {
   "period": "2020-10-01",
   "value": 2.306691
  },
  {
   "period": "2021-01-01",
   "value": 3.035067
  },
  {
   "period": "2021-04-01",
   "value": 3.669005
  },
  {
   "period": "2021-07-01",
   "value": 3.067815
  },
  {
   "period": "2021-10-01",
   "value": 1.614088
  },
  {
   "period": "2022-01-01",
   "value": -0.152307
  },
  {
   "period": "2022-04-01",
   "value": -2.183739
  },
  {
   "period": "2022-07-01",
   "value": -3.276612
  },
  {
   "period": "2022-10-01",
   "value": -3.706449
  },
  {
   "period": "2023-01-01",
   "value": -3.357114
  },
  {
   "period": "2023-04-01",
   "value": -2.668766
  },
  {
   "period": "2023-07-01",
   "value": -3.180783
  },
  {
   "period": "2023-10-01",
   "value": -3.71825
  },
  {
   "period": "2024-01-01",
   "value": -5.157888
  },
  {
   "period": "2024-04-01",
   "value": -7.382012
  },
  {
   "period": "2024-07-01",
   "value": -8.573741
  },
  {
   "period": "2024-10-01",
   "value": -8.56677
  },
  {
   "period": "2025-01-01",
   "value": -7.519389
  },
  {
   "period": "2025-04-01",
   "value": -6.404778
  },
  {
   "period": "2025-07-01",
   "value": -5.521447
  },
  {
   "period": "2025-10-01",
   "value": -5.740694
  },
  {
   "period": "2026-01-01",
   "value": -6.300661
  }
 ],
 "url": "https://worldstat.us/indicator/cn-houses"
}