The latest data on residential property prices in 70 major Chinese cities, released by the National Bureau of Statistics, shows continued market divergence as of June 2024. New home prices in first-tier cities rose slightly by 0.1% month-on-month and increased by 1.2% year-on-year. Second-tier cities saw flat month-on-month changes but a 0.8% year-on-year decline. Third- and fourth-tier cities continued their downward trend, with prices dropping 0.3% month-on-month and 3.5% year-on-year. The secondhand housing market remained weak overall, with only a few cities reporting modest price rebounds while most experienced further declines. Analysts note that ongoing policy adjustments—such as lower down payment requirements, relaxed purchase restrictions, and reduced mortgage rates—are sending positive signals, though restoring market confidence will take time. It is expected that core cities may see price stabilization in the second half of the year as supportive measures take effect, while smaller cities with high inventory levels will likely continue to face downward pressure.
国家统计局最新发布的70个大中城市商品住宅销售价格数据显示，2024年6月，全国房地产市场继续呈现分化态势。一线城市新房价格环比微涨0.1%，同比上涨1.2%；二线城市新房价格环比持平，同比下降0.8%；三线城市则延续下行趋势，环比下降0.3%，同比下降3.5%。二手房市场整体表现疲软，70城中仅少数城市价格略有回升，多数城市仍处于下跌通道。专家分析指出，当前楼市政策持续优化，包括降低首付比例、放宽限购、房贷利率下调等举措正在逐步释放积极信号，但市场信心恢复仍需时间。预计下半年随着更多支持性政策落地，核心城市房价有望企稳，而部分库存压力较大的三四线城市仍将面临调整压力。
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