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on august 15, the national bureau of statistics released the price changes of commercial housing in 70 cities across the country in august this year. in august, among the 70 large and medium-sized cities, the sales prices of commercial housing in various cities decreased month-on-month, and the year-on-year decline generally expanded slightly. among them, the sales prices of newly built commercial housing in first-tier cities narrowed month-on-month, and the year-on-year decline was the same as last month.in the four cities of jinan, qingdao, yantai and jining in shandong that are included in the statistics, the prices of newly built commercial housing and second-hand housing fell both year-on-year and month-on-month.

wang zhonghua, chief statistician of the urban management department of the national bureau of statistics, analyzed that among the 70 large and medium-sized cities, the month-on-month decline in commercial housing sales prices in cities of all tiers and the year-on-year decline have generally slightly widened. among them, the month-on-month decline in sales prices of newly built commercial housing in first-tier cities narrowed, and the year-on-year decline was the same as last month.

commercial housing sales prices fell month-on-month

in august, the sales price of newly built commercial housing in first-tier cities fell by 0.3% month-on-month, a decrease of 0.2 percentage points from the previous month. among them, beijing, guangzhou and shenzhen fell by 0.5%, 0.5% and 0.8% respectively, and shanghai rose by 0.6%. the sales prices of newly built commercial housing in second- and third-tier cities fell by 0.7% and 0.8% month-on-month, respectively, and the decline expanded by 0.1 percentage points from the previous month. in august, the sales prices of second-hand housing in first-tier cities fell by 0.9% month-on-month, a decrease of 0.4 percentage points from the previous month, among which beijing, shanghai, guangzhou and shenzhen fell by 1.0%, 0.6%, 0.7% and 1.3% respectively. the sales prices of second-hand housing in second- and third-tier cities fell by 1.0% and 0.9% month-on-month, respectively, a decrease of 0.2 and 0.1 percentage points from the previous month.

the year-on-year decline in commodity housing sales prices has generally widened slightly

in august, the sales price of newly built commercial housing in first-tier cities fell by 4.2% year-on-year, the same as the previous month. among them, beijing, guangzhou and shenzhen fell by 3.6%, 10.1% and 8.2% respectively, and shanghai rose by 4.9%. the sales prices of newly built commercial housing in second- and third-tier cities fell by 5.3% and 6.2% year-on-year, respectively, and the decline expanded by 0.5 and 0.4 percentage points respectively from the previous month. in august, the sales prices of second-hand housing in first-tier cities fell by 9.4% year-on-year, and the decline expanded by 0.6 percentage points from the previous month. among them, beijing, shanghai, guangzhou and shenzhen fell by 8.5%, 5.8%, 12.5% ​​and 10.8% respectively. the sales prices of second-hand housing in second- and third-tier cities fell by 8.6% and 8.5% year-on-year, respectively, and the decline expanded by 0.4 percentage points from the previous month.