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The Zhitong Finance App learned that data monitoring by the China Index Research Institute: In August 2026, the property market entered the traditional low season, and second-hand housing sales in key cities declined month-on-month, but continued to grow year-on-year. The average price of second-hand housing in Baicheng was 1,2527 yuan/square meter, down 0.45% month-on-month, an increase of 0.01 percentage points over the previous month. Looking at the number of rising and falling cities, 7 cities rose month-on-month, while 93 cities fell month-on-month. In terms of new housing, some key cities such as Shanghai, Hangzhou, Chengdu, and Tianjin still had high-quality properties entering the market in August, driving the price of new homes in Baicheng continued to rise structurally from month to month. The average price of newly built homes in Baicheng was 17,255 yuan/square meter, up 0.15% month-on-month and 2.04% year-on-year.
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The Zhitong Finance App learned that data monitoring by the China Index Research Institute: In August 2026, the property market entered the traditional low season, and second-hand housing sales in key cities declined month-on-month, but continued to grow year-on-year. The average price of second-hand housing in Baicheng was 1,2527 yuan/square meter, down 0.45% month-on-month, an increase of 0.01 percentage points over the previous month. Looking at the number of rising and falling cities, 7 cities rose month-on-month, while 93 cities fell month-on-month. In terms of new housing, some key cities such as Shanghai, Hangzhou, Chengdu, and Tianjin still had high-quality properties entering the market in August, driving the price of new homes in Baicheng continued to rise structurally from month to month. The average price of newly built homes in Baicheng was 17,255 yuan/square meter, up 0.15% month-on-month and 2.04% year-on-year.
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