[Selling Prices of Commercial Residential Properties in First-Tier Cities Rose MoM]

Published: May 18, 2026 10:05

Save

NBS: In April 2026, among the 70 large and medium-sized cities, selling prices of commercial residential properties in first-tier cities rose MoM, while MoM declines in second- and third-tier cities narrowed or remained the same as the previous month. The number of cities where selling prices of newly built commercial residential properties rose or remained flat MoM increased from the previous month. In April, selling prices of newly built commercial residential properties in first-tier cities rose 0.1% MoM, with the increase pulling back 0.1 percentage points from the previous month. Among them, Shanghai, Guangzhou, and Shenzhen rose 0.4%, 0.1%, and 0.1% respectively, while Beijing fell 0.2%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

[SMM Hot-Rolled Arrivals] Mainstream Market Arrivals Declined WoW This Week

3 hours ago

[SMM Analysis] SMM's Interpretation of the "Implementation Measures for Capacity Replacement in the Steel Industry"

On May 18, the Ministry of Industry and Information Technology released the "Implementation Measures for Capacity Replacement in the Steel Industry" (hereinafter referred to as the "Replacement Measures"). SMM conducted a comparative review and analysis of the relevant content...

3 hours ago

4 hours ago

MMi Daily Iron Ore Report (May 19)

Today iron ore futures trended weaker the most-traded contract I2609 closed at 798.5 yuan/mt, down 0.87% from the previous trading session. Port spot prices changed 0-3 yuan from the previous day. Traders showed moderate enthusiasm in offering quotes; steel mills had strong wait-and-see sentiment with few inquiries; overall spot market transactions were sluggish.

4 hours ago