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China Tells Stats Providers to Halt Home Sales Data Publication

Private data providers did not release November home sales for the top 100 developers as instructed by Chinese housing authorities.
The agencies typically release data at month’s end, but authorities paused publication until further notice.
Finance institutions keep access to the data under confidentiality arrangements while publication is paused.
The pause follows China Vanke’s local-bond repayment postponement, signaling sector stress.
Analysts warn the November data could show steeper declines in new-home sales.
The private datasets usually precede official figures by two to three weeks and serve as gauge for the market.
Market watchers remain pessimistic about property-sector stability amid ongoing defaults and price pressures.
China Index Academy and China Real Estate Information Corp. did not comment when contacted.
The story underscores the data-transparency debate in China’s real estate sector.
The news comes as markets monitor sector-linked bonds and developer earnings amid a tough year.

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