China News Service, Beijing, February 23 (Reporter Pang Wuji) In the first month of 2024, housing prices in 70 large and medium-sized cities in China showed a narrowing month-on-month decline, and the number of cities where the prices of new and second-hand houses fell month-on-month decreased.

　　Data released by the National Bureau of Statistics of China on the 23rd showed that in January, among 70 large and medium-sized cities in China, the sales prices of new commercial housing and second-hand housing fell in 56 and 68 cities respectively, a decrease of 6 and 2 respectively from the previous month. indivual.

　　The number of cities where housing prices rose month-on-month increased.

Among the 70 cities, the number of cities where the price of newly built commercial housing increased month-on-month increased from 7 in the previous month to 11.

Yan Yuejin, research director of E-House Research Institute, said that this is the first time in the past 11 months that the number of cities with rising prices for new homes has increased.

In January, the number of cities with second-hand house prices rising month-on-month also increased by 2.

　　Guan Rongxue, a senior analyst at the Zhuge Data Research Center, said that in January 2024, the number of cities with new and second-hand house prices in 70 cities increased slightly from the previous month, and the overall month-on-month decline in house prices in the 70 cities narrowed, and market prices showed a certain "slowness". Repair" feature.

Among them, the average month-on-month decline in second-hand housing prices in 70 cities in January was 0.12 percentage points narrower than last month. This is the first time that the average month-on-month decline in second-hand housing prices in 70 cities has narrowed since April last year.

　　Looking at each tier of cities, data show that in January, the sales price of new commercial residential buildings in first-tier cities fell by 0.3% month-on-month, and the decline narrowed by 0.1 percentage points from the previous month.

The sales price of newly built commercial residential buildings in second-tier cities fell by 0.4% month-on-month, the same rate of decline as last month.

The sales price of newly built commercial residential buildings in third-tier cities fell by 0.4% month-on-month, and the decline narrowed by 0.1 percentage points from the previous month.

　　Guan Rongxue pointed out that in 2024, local real estate policy support will continue, especially the accelerated relaxation of purchase restriction policies in key first- and second-tier cities, continuing to inject impetus into the release of demand for home purchases; at the same time, the urban real estate financing coordination mechanism has made positive progress, which will also help Industry confidence has rebounded.

As positive signals continue to be output, house price expectations are expected to improve.

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