Workflow
高盛:中国_ 70 城数据显示 6 月一线城市房价加速下跌
Goldman Sachs·2025-07-16 00:55

Bottom line: The National Bureau of Statistics' 70-city house price data suggest the weighted average property price in the primary market fell by 2.5% mom annualized in June after seasonal adjustments. The widening in sequential decline of house prices was broad-based across all city tiers. We emphasize the 70-city data are for primary market transactions (new home sales) only; secondary market data by NBS and some third-party platforms suggest price declines of 5%-15% over the past year. Key numbers:1 NBS ...