In September, sales prices of newly built commercial homes in first-tier cities fell 0.5% year on year, and the decline was 0.4 percentage points narrower than the previous month. Among them, Beijing, Guangzhou, and Shenzhen declined by 2.7%, 1.1%, and 1.0%, respectively, while Shanghai rose 2.8%. Sales prices of newly built commercial residential homes in second- and third-tier cities decreased by 2.4% and 3.9%, respectively, over the same period last year, and the declines narrowed by 0.3 and 0.2 percentage points, respectively. In September, second-hand residential sales prices in first-tier cities fell 1.5% year on year, and the decline was 1.2 percentage points narrower than the previous month. Among them, Beijing, Guangzhou and Shenzhen declined by 2.5%, 2.9%, and 1.5%, respectively, while Shanghai rose 0.8%. Second-hand residential sales prices in second- and third-tier cities decreased by 4.5% and 5.4%, respectively, and the declines narrowed by 0.4 and 0.2 percentage points, respectively.

Zhitongcaijing · 6d ago
In September, sales prices of newly built commercial homes in first-tier cities fell 0.5% year on year, and the decline was 0.4 percentage points narrower than the previous month. Among them, Beijing, Guangzhou, and Shenzhen declined by 2.7%, 1.1%, and 1.0%, respectively, while Shanghai rose 2.8%. Sales prices of newly built commercial residential homes in second- and third-tier cities decreased by 2.4% and 3.9%, respectively, over the same period last year, and the declines narrowed by 0.3 and 0.2 percentage points, respectively. In September, second-hand residential sales prices in first-tier cities fell 1.5% year on year, and the decline was 1.2 percentage points narrower than the previous month. Among them, Beijing, Guangzhou and Shenzhen declined by 2.5%, 2.9%, and 1.5%, respectively, while Shanghai rose 0.8%. Second-hand residential sales prices in second- and third-tier cities decreased by 4.5% and 5.4%, respectively, and the declines narrowed by 0.4 and 0.2 percentage points, respectively.