China ’s sales prices for commercial housing in various tier cities in China this year this year this year’The decline in the month -on -month decrease, the decline in sales prices in 70 large and medium -sized cities increased, showing that the number of cities has increased, showing that the Chinese real estate market has continued to sluggish.
The data released by the National Bureau of Statistics of China on Wednesday (November 16) shows that from the previous month, the sales prices of newly -built commercial housing and second -hand residential houses have decreased.With 62, four and one and one more than last month, the sales prices of commercial housing in each tier cities decreased from the previous month.
Data show that the sales price of new commercial housing in first -tier cities decreased by 0.1%month -on -month, and the sales price of second -hand housing turned from the previous month to a decrease of 0.3%; the sales prices of new commercial housing and second -hand residential houses in second -tier cities decreased respectively from the month of the month.0.3%and 0.5%, the decrease was 0.1 and 0.2 percentage points from the previous month; the sales prices of new commercial housing and second -hand housing in third -tier cities decreased by 0.4%and 0.5%, respectively, and the decline was the same as last month.
From the perspective of year -on -year, the sales prices of newly -built commercial housing and second -hand housing have decreased by 51 and 64 respectively year -on -year, respectively, an increase of one than last month.The sales prices of commercial housing in first -tier cities have risen year -on -year, and second- and third -tier cities have decreased slightly year -on -year.
Data show that the sales price of newly -built commercial housing in first -tier cities rose 2.6%year -on -year, an increase of 0.1 percentage points from the previous month.The sales prices of new commercial housing and second -hand residential houses decreased by 1.3%and 3.2%year -on -year, respectively, and the declines expanded by 0.1 and 0.2 percentage points respectively. The sales prices of new commercial housing and second -hand residential housing in third -tier cities decreased by 3.9%and 4.7%year -on -year, respectively, and declined.0.1 and 0.2 percentage points expanded than last month.
According to Bloomberg, the average price of new commercial housing in 70 large and medium cities in October fell 0.37%from September, a decline in 14 consecutive months.The second -hand residential market performed worse, down 0.47%, the largest decline since 2014.
Chen Wenjing, deputy director of the Research Institute of the Medical Research Institute, said before the data was announced that the improvement of China's domestic market in October was weaker than expected. This month has not shown signs of improvement.Buyers need time to stop watching.
