On may 20, 2025, the national statistical office (nso) revealed changes in the sale prices of 70 large and medium-sized urban residential goods, showing an increase of 0. 8 per cent in the hangzhou ring and a decline of 0. 4 per cent, 0. 7 per cent, 0. 8 per cent and 0. 4 per cent, respectively, in the northwards。
Screenshot of the national statistical office website
According to wang china, chief statistician of the urban division of the national statistical office, in may 2025, the price ratio of residential sales for urban goods on all lines declined in 70 large and medium-sized cities, and the decline continued to narrow in the same year。
I. Decline in the price of residential sales of urban goods by line
In may, the price of new residential housing in front-line cities was reduced by 0. 2 per cent from the previous month's flat. Of these, shanghai rose by 0. 7 per cent, beijing by 0. 4 per cent, guangzhou by 0. 8 per cent and shenzhen by 0. 4 per cent. The price of new residential housing in second-line cities has been reduced by 0. 2 per cent from the previous month's flat. The value of residential sales for newly built goods in third-line cities decreased by 0. 3 per cent, an increase of 0. 1 percentage points over the previous month。
In may, the price of second-hand housing in front-line cities decreased by 0. 7 per cent, an increase of 0. 5 percentage points over the previous month. In beijing, shanghai, guangzhou and shenzhen, the decline was 0. 8 per cent, 0. 7 per cent, 0. 8 per cent and 0. 5 per cent, respectively. Second- and third-line urban secondary housing prices decreased by 0. 5 per cent and by 0. 1 percentage points。
Ii. Conclusion of commercial housing providing costs between business business business between business business business business between business
In may, the prices of new residential housing in front-line cities decreased by 1. 7 per cent in comparison with the same year, a decrease of 0. 4 percentage points less than last month. Of these, shanghai rose by 5. 9 per cent, beijing by 4. 3 per cent, guangzhou by 5. 8 per cent and shenzhen by 2. 6 per cent. Prices for the sale of new commercial housing in cities on the second and third lines decreased by 3. 5 per cent and 4. 9 per cent, respectively, by 0. 4 per cent and 0. 5 per cent, respectively。
In may, second-hand residential sales prices in front-line cities decreased by 2. 7 per cent in comparison with the same year, a decrease of 0. 5 percentage points less than last month. Among them, beijing, shanghai, guangzhou and shenzhen fell by 0. 7 per cent, 0. 1 per cent, 6. 6 per cent and 3. 2 per cent, respectively. Second- and third-line urban secondary housing prices declined by 6. 1 per cent and 6. 9 per cent, respectively, over the same period. (new latitude app)
