AI Data Insight
According to the latest data, China's Guangjin new commercial residential housing price index fell 4.4% year-on-year in the second quarter of 2026, showing a narrowed decline compared to the 4.7% year-on-year drop in the first quarter. Benefiting from the materialization of policies such as financing support and the relaxation of purchase restrictions, the downward pressure on housing prices in Tier-1 cities is gradually easing. The market expects that with policies taking effect early, property inventory destocking will accelerate in the short term, driving the market to further stop falling and stabilize.