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Monday, May 18, 2026
China's first-tier cities report housing price rise in April
Xinhua

Home prices in China's first-tier cities, namely Beijing, Shanghai, Guangzhou and Shenzhen, increased slightly in April from the previous month, while second- and third-tier cities reported narrowed or unchanged price declines, official data showed Monday.

New home prices in the four first-tier cities edged up 0.1 percent month-on-month in April, according to the National Bureau of Statistics (NBS). Second-tier cities saw a smaller price decline of 0.1 percent, while prices in third-tier cities dropped 0.3 percent, the same with the previous month.

Similar trends were seen in the resale housing market, the data showed.

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