Core Insights - The residential property market in 70 major cities in China shows a mixed trend in new and second-hand housing prices as of May 2025, with some cities experiencing slight declines while others see increases in prices [1][2][3][4][5][6] New Residential Property Prices - In May 2025, the new residential property price index for Beijing is at 99.6 (month-on-month) and 95.7 (year-on-year), indicating a slight decrease compared to the previous month and a significant drop compared to the same month last year [1] - Shanghai's new residential prices increased slightly to 100.7 (month-on-month) and 105.9 (year-on-year), showing resilience in the market [1] - Cities like Shenzhen and Guangzhou show a month-on-month decrease in new residential prices at 99.6 and 99.2 respectively, while year-on-year comparisons also reflect declines [1] Second-Hand Residential Property Prices - The second-hand residential property price index for Beijing stands at 99.2 (month-on-month) and 99.3 (year-on-year), indicating stability but a slight decline from the previous month [3][4] - In contrast, cities like Hangzhou and Nanjing show a month-on-month decrease in second-hand prices at 99.6 and 99.1 respectively, while year-on-year comparisons also reflect declines [3][4] - The overall trend in second-hand residential prices across major cities indicates a more pronounced decline compared to new residential properties, with many cities reporting lower indices [3][4] Price Classification by Size - The price index for new residential properties categorized by size shows that properties under 90m² in Beijing have a month-on-month index of 99.7 and a year-on-year index of 95.8, indicating a decline [5] - For properties between 90-144m², the index in Beijing is at 99.6 (month-on-month) and 95.0 (year-on-year), while properties over 144m² show a similar trend with an index of 99.6 (month-on-month) and 96.0 (year-on-year) [5] - The classification indicates that smaller properties are experiencing a more significant decline compared to larger properties in several cities [5] Regional Variations - Cities like Chengdu and Xi'an show resilience with month-on-month indices of 100.3 and 99.5 respectively, indicating stable or increasing prices [1][5] - Conversely, cities such as Tangshan and Hohhot show declines in both new and second-hand property prices, reflecting regional disparities in the housing market [1][3][5] - The data suggests that while some major cities are stabilizing or increasing in price, others are facing challenges, highlighting the uneven recovery in the residential property market across China [1][3][5]
2025年5月份70个大中城市商品住宅销售价格变动情况
Guo Jia Tong Ji Ju·2025-06-16 01:30