Chinanews.com, March 3 -- On March 16, the National Bureau of Statistics announced the changes in the sales prices of commercial residential buildings in 16 large and medium-sized cities in February 2023. Zhao Guoqing, chief statistician of the Urban Department of the National Bureau of Statistics, said that in February 2, with the gradual emergence of policy effects and the further release of housing demand, the number of cities in 70 large and medium-sized cities where the sales price of commercial housing increased month-on-month continued to increase, the sales price of commercial housing in all tier cities increased month-on-month, the sales price of commercial residential housing in first-tier cities increased year-on-year, and the year-on-year decline in second- and third-tier cities narrowed.
Picture from the website of the National Bureau of Statistics
The sales prices of commercial residential buildings in first, second, and third-tier cities increased month-on-month
In February, among the 2 large and medium-sized cities, the sales prices of newly built commercial homes and second-hand homes increased month-on-month in 70 and 55 cities, respectively, an increase of 40 and 19 from the previous month.
In February, the sales price of newly built commercial residential buildings in first-tier cities increased by 2.0% month-on-month, the same rate as the previous month; Second-hand residential sales prices rose 2.0% month-on-month, an increase of 7.0 percentage points from the previous month. The sales price of newly built commercial residential buildings in second-tier cities increased by 3.0% month-on-month, an increase of 4.0 percentage points over the previous month; the sales price of second-hand residential buildings increased by 3.0% from the previous month. The sales prices of newly built commercial residential buildings in third-tier cities increased by 3.0% month-on-month from a decrease of 1.0% in the previous month. Second-hand residential sales prices were flat from 1.0% in the previous month.
The sales prices of commercial residential buildings in first-tier cities increased year-on-year, while the year-on-year decline in second- and third-tier cities narrowed
In February, among the 2 large and medium-sized cities, 70 cities saw a year-on-year increase in sales prices of newly built commercial housing, down by 14 from the previous month; Second-hand residential sales prices increased year-on-year in 1 cities, an increase of 7 from the previous month.
In February, the sales price of newly built commercial residential buildings in first-tier cities increased by 2.1% year-on-year, down 7.0 percentage points from the previous month; the sales price of second-hand residential buildings increased by 4.1% year-on-year, an increase of 0.0 percentage points over the previous month. The sales prices of newly built commercial homes and second-hand homes in second-tier cities decreased by 1.0% and 7.2% respectively year-on-year, a decrease of 9.0 percentage points from the previous month. The sales prices of newly built commercial homes and second-hand homes in third-tier cities fell by 4.3% and 3.4% year-on-year, respectively, a decrease of 4.0 and 5.0 percentage points from the previous month. (Zhongxin Finance)