China: Sales Price Indices of Newly Constructed Commercial Residential Buildings (YoY) - Guangzhou

Macro

2026-08-18

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Published by
National Bureau of Statistic (Choice)
Frequency
Monthly
Next Update
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AI Data Insight

In the third quarter of 2026, China's Guangjin new commercial residential housing price index decreased by 2.2% year-on-year, further narrowing from the 2.6% year-on-year decline in Q2 and outperforming the overall national performance. Benefiting from market stabilization policies such as the relaxation of purchase restrictions and the revitalization of existing housing stock, the housing market in core areas has demonstrated resilience against declines. Looking ahead, housing prices are expected to continue a consolidation pattern of "weak recovery, strong differentiation," but attention must still be paid to the potential risks of sluggish macroeconomic domestic demand.

AI Data Insight

In the third quarter of 2026, China's Guangjin new commercial residential housing price index decreased by 2.2% year-on-year, further narrowing from the 2.6% year-on-year decline in Q2 and outperforming the overall national performance. Benefiting from market stabilization policies such as the relaxation of purchase restrictions and the revitalization of existing housing stock, the housing market in core areas has demonstrated resilience against declines. Looking ahead, housing prices are expected to continue a consolidation pattern of "weak recovery, strong differentiation," but attention must still be paid to the potential risks of sluggish macroeconomic domestic demand.

Description

-

Published by
National Bureau of Statistic (Choice)
Frequency
Monthly
Next Update
Hashtags