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

Macro

2026-09-15

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

In the third quarter (August) of 2026, China's Guangjin new commercial residential housing price index fell 1.9% year-on-year, further narrowing from the previous value of -2.2%, and outperforming the -3.0% average of 70 cities nationwide. Benefiting from market stabilization policies such as the relaxation of purchase restrictions and the revitalization of existing housing inventory, the real estate market in core areas has demonstrated resilience against declines. However, the overall market is expected to continue the pattern of "weak recovery, strong divergence".

AI Data Insight

In the third quarter (August) of 2026, China's Guangjin new commercial residential housing price index fell 1.9% year-on-year, further narrowing from the previous value of -2.2%, and outperforming the -3.0% average of 70 cities nationwide. Benefiting from market stabilization policies such as the relaxation of purchase restrictions and the revitalization of existing housing inventory, the real estate market in core areas has demonstrated resilience against declines. However, the overall market is expected to continue the pattern of "weak recovery, strong divergence".

Description

-

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