China’s New Home Prices Weaken Again as Recovery in Smaller Cities Falters
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
High-rise residential buildings under construction at a building site in Shenzhen, Guangdong province, Aug. 9, 2026. Photo: VCG
China’s new home prices showed renewed weakness in July, as an early recovery in second-tier cities lost momentum, according to official data released Monday.
The setback highlights the fragility of efforts to stabilize the property market. Data from the National Bureau of Statistics also showed that broader real estate fundamentals remained subdued in the first seven months of 2026.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and Bloomberg - for the price of one.
- RELATED
Share this article
Open WeChat and scan the QR code
Sign in with Google
Sign in with Facebook
Sign in with 财新