China News Service, March 15. According to the website of the National Bureau of Statistics, Wang Zhonghua, a statistician of the Urban Department of the National Bureau of Statistics, interpreted the statistical data on changes in commercial housing sales prices in February 2024, saying that in February, among 70 large and medium-sized cities, each The overall month-on-month decline in commercial residential sales prices in lower-tier cities continued to narrow and continued to decline year-on-year.
The month-on-month decline in commercial residential sales prices in various tiers of cities generally narrowed
In February, the sales price of newly built commercial residential buildings in first-tier cities fell by 0.3% month-on-month, the same as the previous month.
Among them, Beijing, Guangzhou and Shenzhen decreased by 0.1%, 0.8% and 0.5% respectively, while Shanghai increased by 0.2%.
The sales price of newly built commercial residential buildings in second-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 housing in third-tier cities fell by 0.4% month-on-month, the same rate of decline as last month.
In February, the sales price of second-hand housing in first-tier cities fell by 0.8% month-on-month, and the decline narrowed 0.2 percentage points from the previous month. Among them, Beijing, Shanghai, Guangzhou and Shenzhen dropped by 0.9%, 0.6%, 1.0% and 0.5% respectively.
The sales price of second-hand housing in second-tier cities fell by 0.6% month-on-month, the same rate of decline as last month.
The sales price of second-hand housing in third-tier cities fell by 0.6% month-on-month, and the decline narrowed by 0.1 percentage point from the previous month.
Sales prices of commercial residential buildings in various tiers of cities continue to decline year-on-year
In February, affected by factors such as the relatively high base in the same period last year, the year-on-year decline in sales prices of new commercial housing and second-hand housing in all tier cities expanded.
The sales price of newly built commercial housing in first-tier cities fell by 1.0% year-on-year, and the decline expanded by 0.5 percentage points from the previous month.
Among them, Beijing and Shanghai increased by 1.0% and 4.2% respectively, while Guangzhou and Shenzhen decreased by 4.6% and 4.8% respectively.
The sales prices of newly built commercial residential buildings in second- and third-tier cities fell by 1.1% and 2.7% respectively year-on-year, and the decline expanded by 0.7 and 0.6 percentage points respectively from the previous month.
In February, the sales price of second-hand housing in first-tier cities fell by 6.3% year-on-year, and the decline expanded by 1.4 percentage points from the previous month. Among them, Beijing, Shanghai, Guangzhou and Shenzhen dropped by 5.3%, 6.0%, 7.5% and 6.1% respectively.
The sales price of second-hand housing in second- and third-tier cities both fell by 5.1% year-on-year, and the decline expanded by 0.7 and 0.6 percentage points respectively from the previous month.