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What kind of signal? Second-hand housing in first-tier cities all fell month-on-month! The decline in third-tier cities widens... experts suggest the risk of housing prices being “too cold” in some cities

Commercial residential sales prices continued to fall in September! On October 20, the National Bureau of Statistics released the changes in commercial residential sales prices in 70 large and medium-sized cities in September 2021. The latest data showed that sales prices of newly built commercial homes (“new homes”) and second-hand homes (“second-hand housing”) in 70 large and medium-sized cities continued to decline month-on-month and year-on-year in September. Not only have sales prices continued to fall, but since June, the number of cities where prices of new and second-hand housing have declined month-on-month has also continued to increase. In September of this year, the 70 large and medium-sized cities tracked by the Bureau of Statistics first experienced new and second-hand housing price loops

證券時報網Oct 20, 2021 17:50