NBS: February 2026 Home Prices in 70 Major Cities Show Mixed Trends, Declines Narrowing

Published: Mar 16, 2026 10:03

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[NBS: Home Prices in 70 Large and Medium-Sized Cities for February Released]
On March 16, the NBS announced that in February 2026, overall, the MoM decline in selling prices of commercial residential housing in 70 large and medium-sized cities continued to narrow, while prices fell YoY. The number of cities where selling prices of newly built commercial residential housing rose or remained flat MoM increased from the previous month. In first-tier cities, the selling prices of newly built commercial residential housing shifted from a 0.3% decline in the previous month to flat MoM. Among them, Beijing and Shanghai each rose 0.2%, Guangzhou was flat, and Shenzhen fell 0.3%.

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