China News Service, Beijing, January 15 (Reporter Pang Wuji) In December 2021, the prices of new houses in major Chinese cities were still in the falling range, but the number of falling cities decreased from the previous month.

Data map: Real estate real estate.

Photo by China News Agency reporter Zhang Bin

　　According to data released by the National Bureau of Statistics of China on the 15th, in December 2021, among the 70 large and medium-sized cities in China, the prices of new commercial housing in 15 cities rose month-on-month, the housing prices in 5 cities were flat, and the housing prices in 50 cities fell month-on-month.

The number of cities with falling house prices still accounts for more than 70%.

　　However, the decline in house prices showed signs of slowing compared with the previous two months.

Among the 70 cities, new house prices fell in 59 cities in November last year, compared with 52 in October, both higher than in December.

The data picture shows a new residential building in Fuzhou.

(UAV photo) Photo by China News Agency reporter Lv Ming

　　Yan Yuejin, research director of the Think Tank Center of the E-House Research Institute, pointed out that in December last year, the price index of new commercial housing in 70 Chinese cities fell by 0.28% month-on-month, compared with a 0.33% drop in the previous month.

This shows that although the price of new houses continued to fall month-on-month, the decline did not expand, but narrowed slightly.

　　In December last year, the prices of new houses in first-, second-, and third-tier cities were all in the downward range.

Sheng Guoqing, chief statistician of the City Department of the National Bureau of Statistics, pointed out that in December, the sales price of new commercial housing in first-tier cities fell by 0.1% month-on-month from the previous month; second-tier cities fell by 0.3% month-on-month, and third-tier cities fell by 0.3% month-on-month.

　　Chen Xiao, a senior analyst at Zhuge Housing Data Research Center, believes that in December last year, the number of cities with rising new and second-hand housing prices increased after falling to a trough last month, but they are still at historically low levels.

At the same time, the decline in the prices of new and second-hand houses showed a slight narrowing trend.

In the second half of 2021, the property market cooled rapidly. Since entering the fourth quarter, the policy side has frequently released positive signals, and market confidence has gradually recovered.

　　In terms of cities, the data shows that in December last year, Hangzhou "leaded" the 70 cities in terms of price growth of new houses, with a month-on-month increase of 0.5%, followed by Shanghai, Ganzhou, and Guilin, with a month-on-month increase of 0.4%.

Nanjing, Changsha, Chongqing, and Wenzhou all rose 0.3% month-on-month.

Chen Xiao believes that at the end of last year, in the low market conditions, housing prices in Hangzhou and Shanghai remained "firm", and the growth rates of new and second-hand houses were at the forefront.

This is because with the favorable planning of the Yangtze River Delta economic circle, high-tech industries in these cities are agglomerated, and a large number of people inflow.

　　Chen Xiao predicts that this year, the real estate market environment will continue to improve.

However, the two-way regulation of the property market will continue, and further regulation will not be ruled out for cities that heat up too fast.

(Finish)