AI Data Insight
The latest contribution of housing to China's month-on-month CPI growth in Q2 2026 was reported at -0.0442 percentage points, remaining flat compared to the previous period in Q1, indicating that housing costs remain a core drag on prices. Although some tier-1 cities show slight signs of recovery, the overall property market still faces unresolved destocking pressure, making it difficult to see a significant rebound in housing inflation in the short term.