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2026-07-15 09:32:12
[National Bureau of Statistics: New Home Prices Rise Month-on-Month in First-Tier Cities, Decline or Remain Flat in Second- and Third-Tier Cities] In June, new home prices in first-tier cities rose 0.1% month-on-month, a decrease of 0.1 percentage points from the previous month. Specifically, Shanghai, Guangzhou, and Shenzhen saw increases of 0.3%, 0.2%, and 0.3% respectively, while Beijing experienced a decrease of 0.3%. New home prices in second-tier cities remained flat month-on-month, reversing a 0.1% decline in the previous month. New home prices in third-tier cities fell 0.3% month-on-month, a narrowing of the decline by 0.1 percentage points from the previous month. Among the 70 major and medium-sized cities, 20 saw month-on-month increases in new home prices, an increase of 4 from the previous month, the highest number since May 2025. In June, existing home prices in first-tier cities rose 0.3% month-on-month, a decrease of 0.1 percentage points from the previous month. Specifically, Beijing, Shanghai, Guangzhou, and Shenzhen saw increases of 0.1%, 0.4%, 0.4%, and 0.3% respectively. In second-tier cities, the sales price of existing homes decreased by 0.3% month-on-month, with the decline widening by 0.1 percentage points compared to the previous month. In third-tier cities, the sales price of existing homes decreased by 0.4% month-on-month, the same decline as the previous month. Among the 70 large and medium-sized cities, 9 cities saw a month-on-month increase in the sales price of existing homes, 1 fewer than the previous month.
