China Property: More signs of tightening with the increases in the mortgage rates and restrictions to credit. The chart below is from Real Estate Foresight's monthly China Property Report for June - our monthly piece published since 2012. 

With all the fiscal and monetary stimulus measures in e.g. US and UK, China house price growth looks very muted now by the aggregate measures at +3.5% to +5% for May y/y (depending on the metric), compared to +14.6% in the US (S&P CoreLogic Case-Shiller for April) or +8.9% (Land Registry for April) to +13.4% (Nationwide for June) in the UK.