National Bureau of Statistics: In July, the sales price of commercial housing decreased month-on-month, and the year-on-year decline rate slightly expanded
2024-08-16
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The National Bureau of Statistics released the changes in the sales prices of commercial housing in 70 large and medium-sized cities in July. In July, the sales prices of commercial housing decreased month-on-month, and the year-on-year decline slightly widened overall. Among them, the year-on-year decline in sales prices of second-hand housing in first-tier cities continued to narrow.In July, the sales price of newly built commercial housing in first-tier cities fell by 0.5% month-on-month, the same as the previous month. Among them, Beijing, Guangzhou and Shenzhen fell by 0.5%, 0.8% and 0.9% respectively, and Shanghai rose by 0.2%. The sales price of newly built commercial housing in second-tier cities fell by 0.6% month-on-month, 0.1 percentage point narrower than the previous month. The sales price of newly built commercial housing in third-tier cities fell by 0.7% month-on-month, 0.1 percentage point wider than the previous month.In July, second-hand housing sales prices in first-tier cities fell by 0.5% month-on-month, 0.1 percentage point wider than the previous month. Beijing remained unchanged, Shanghai rose by 0.1%, Guangzhou and Shenzhen fell by 0.9% and 1.2% respectively. Second- and third-tier cities both fell by 0.8% month-on-month, 0.1 percentage point narrower than the previous month.In July, the sales price of newly built commercial housing in first-tier cities fell by 4.2% year-on-year, a 0.5 percentage point increase from the previous month. Among them, Beijing, Guangzhou and Shenzhen fell by 3.3%, 9.9% and 8.0% respectively, and Shanghai rose by 4.4%. The sales price of newly built commercial housing in second- and third-tier cities fell by 4.8% and 5.8% year-on-year respectively, a 0.3 and 0.4 percentage point increase from the previous month respectively.In July, second-hand housing sales prices in first-tier cities fell 8.8% year-on-year, a decrease of 0.2 percentage points from the previous month. Beijing, Shanghai, Guangzhou and Shenzhen fell 7.2%, 5.6%, 12.4% and 9.8% respectively. Second- and third-tier cities' second-hand housing sales prices fell 8.2% and 8.1% year-on-year, respectively, a decrease of 0.3 and 0.4 percentage points from the previous month. (This article is from Yicai.com)