China’s long housing boom—the main support for growth over the past two years—is starting to show its age. That could mean trouble in the near term for bubbly copper prices, up around 10% this year, and lead to easier monetary policy later in 2019. Property data released tomorrow will likely show house prices still rising, but the outlook is darkening, with land prices already showing pronounced weakness. Nearly every piece of housing-related data for January and February signaled trouble, the major exception being nominal...

Source: Wall Street Journal March 14, 2019 09:22 UTC