City skyline in China

China Housing May 2020

China: Growth in house prices stabilizes in May

House prices in 70 large- and medium-sized cities increased 0.5% in May in month-on-month terms according to a weighted average index calculated by Refinitiv from data issued by the National Bureau of Statistics (NBS). The print matched the result in April. According to the NBS, the sale price of newly constructed residential buildings increased in 57 of the 70 cities (50 in March).

House prices increased 4.9% annually in May, below the 5.1% rise in April and the lowest result in two years. Annual average growth in house prices fell from 7.7% in April to 7.2% in May.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest