China cities see housing price slowdown

In September 2026, data from China's National Bureau of Statistics showed a significant slowdown in the decline of housing prices in major cities. New home prices dropped by 0.5% year-over-year in first-tier cities, compared to a 0.9% decline in August. Resale housing prices also decreased by 1.5%, representing an improvement from the previous decline of 2.7%. On a monthly basis, housing prices increased in first-tier cities, and the pace of decline slowed in second- and third-tier cities, with an increase in the number of cities experiencing rises in both new and resale housing prices during September.

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