> Sales volumes in 24 cities tracked by China Real Estate Index System fell by 44% in the first week of 2019 compared with a year earlier,
Ouch! That's definitely a housing crash happening. Looks like it will foment angers amongst Chinese citizens, most of whom are avid real estate investors. Maybe this is what overthrows the authoritarian Chinese government, who knows.
https://www.scmp.com/news/china/society/article/2168025/publ...
https://www.nytimes.com/2018/12/30/business/china-economy-pr...