Statistics Bureau: In March, the second-hand housing prices in the first tier cities fell 7.3%, while those in Beijing, Shanghai, Guangzhou and Shenzhen fell 6.4%, 6.9%, 8.6% and 7.4% respectively

Statistics Bureau: In March, the second-hand housing prices in the first tier cities fell 7.3%, while those in Beijing, Shanghai, Guangzhou and Shenzhen fell 6.4%, 6.9%, 8.6% and 7.4% respectively
09:44, April 16, 2024 Website of National Bureau of Statistics

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In March, the sales price of new commercial residential buildings in first tier cities fell by 1.5% year on year, an increase of 0.5 percentage point over the previous month. Among them, Beijing and Shanghai rose 0.8% and 4.3% respectively, while Guangzhou and Shenzhen both declined 5.5%. 2、 The sales price of new commercial residential buildings in third tier cities decreased by 2.0% and 3.4% respectively year on year, 0.9 and 0.7 percentage points higher than that of last month.

In March, the sales price of second-hand residential buildings in the first tier cities fell 7.3% year on year, 1.0 percentage point more than that of the previous month, with Beijing, Shanghai, Guangzhou and Shenzhen falling 6.4%, 6.9%, 8.6% and 7.4% respectively. 2、 The sales price of second-hand residential buildings in third tier cities decreased by 5.9% and 5.7% year on year, respectively, 0.8 and 0.6 percentage points higher than that of last month.

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