[Selling Prices of Commercial Residential Properties Declined YoY in First-, Second-, and Third-Tier Cities]

Published: May 18, 2026 10:04

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NBS: In April, the selling price of newly built commercial residential properties in first-tier cities fell 2.1% YoY, with the YoY decline narrowing by 0.1 percentage point from the previous month. Among them, Shanghai rose 3.7%, while Beijing, Guangzhou, and Shenzhen fell 2.3%, 4.4%, and 5.3%, respectively. The selling price of newly built commercial residential properties in second-tier cities fell 3.3% YoY, with the YoY decline unchanged from the previous month. The selling price of newly built commercial residential properties in third-tier cities fell 4.1% YoY, with the YoY decline widening by 0.1 percentage point. 、

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