China's Home Prices Rise in Fewer Cities Amid Curbs

The video discusses China's housing market, highlighting significant price increases in cities like Beijing and Shanghai despite government-imposed curbs. It explores the impact of these curbs on buyer behavior, with some buyers rushing to purchase homes before further restrictions. Economic indicators such as GDP, construction growth, and household loans are examined, raising concerns about potential over-leveraging. The video also considers the broader economic implications of a potential 10% drop in housing prices, which could significantly affect developers and the economy.

What impact did the curbs have on housing sales and prices according to the National Bureau of Statistics?

What potential financial impact could a 10% drop in prices have on developers in China?