Summary of Key Points Core Viewpoint The residential property sales prices in 70 major cities in China showed a month-on-month decline in August 2025, with the overall year-on-year decline continuing to narrow. Group 1: Month-on-Month Changes - In August, the sales prices of new residential properties in first-tier cities decreased by 0.1% month-on-month, with Shanghai increasing by 0.4% while Beijing, Guangzhou, and Shenzhen saw declines of 0.4%, 0.2%, and 0.4% respectively [2]. - Second-tier cities experienced a month-on-month decline of 0.3%, while third-tier cities saw a decrease of 0.4%, with the latter's decline expanding by 0.1 percentage points [2]. - The sales prices of second-hand residential properties in first-tier cities fell by 1.0% month-on-month, remaining unchanged from the previous month [2]. Group 2: Year-on-Year Changes - Year-on-year, the sales prices of new residential properties in first-tier cities decreased by 0.9%, with Shanghai increasing by 5.9% and Beijing, Guangzhou, and Shenzhen declining by 3.5%, 4.3%, and 1.7% respectively [3]. - Second-tier cities saw a year-on-year decline of 2.4%, while third-tier cities experienced a 3.7% decrease, both showing a narrowing of the decline by 0.4 and 0.5 percentage points respectively [3]. - The year-on-year sales prices of second-hand residential properties in first-tier cities decreased by 3.5%, with Beijing, Shanghai, Guangzhou, and Shenzhen declining by 3.1%, 2.6%, 6.2%, and 1.9% respectively [3]. Group 3: Price Index Data - The price index for new residential properties in first-tier cities averaged 99.6 in August, with significant variations across cities [4]. - The price index for second-hand residential properties in first-tier cities averaged 98.8, indicating a slight decline compared to previous months [5]. - The classification index for new residential properties showed that properties under 90m² experienced a month-on-month decline of 0.2% in first-tier cities, while properties over 144m² saw a decrease of 0.1% [6][7].
国家统计局:8月份70个大中城市中 各线城市商品住宅销售价格环比下降
Guo Jia Tong Ji Ju·2025-09-15 01:47