WATCHING · 2026-10-19
China new-home and resale price changes diverge across 70 cities in September 2026
IN SHORT
Official September 2026 base-100 price indices show new-home prices increasing month over month in 17 cities and resale prices increasing in 9 of the 70 monitored cities. The city counts are not weighted national price changes.
WHY IT MATTERS IN CANADA
Canadian suppliers of building materials, equipment, forest products and other construction inputs can use the breadth of China's housing-price movements as market context. These price indices do not directly measure construction starts, investment, bilateral trade or Canadian orders.
WHAT HAPPENED
- Newly constructed home prices increased month over month in 17 of 70 cities, fell in 49, and were unchanged in 4.
- Second-hand home prices increased month over month in 9 of 70 cities, fell in 59, and were unchanged in 2.
- On a year-over-year basis, newly constructed home price indices were lower in 64 of 70 cities, higher in 5, and unchanged in 1.
- On a year-over-year basis, second-hand home price indices were lower in 69 of 70 cities, higher in 1, and unchanged in 0.
KEY NUMBERS
- 17 of 70Cities with rising new-home prices, month over monthSeptember 2026
- 9 of 70Cities with rising resale-home prices, month over monthSeptember 2026
- 64 of 70Cities with falling new-home prices, year over yearSeptember 2026
- 69 of 70Cities with falling resale-home prices, year over yearSeptember 2026
WHAT THE DATA SHOWS
The share of surveyed cities with rising or falling prices describes the geographic breadth of price movements, not their average magnitude. The newly built and second-hand segments must be assessed separately.
OBOR analysis based on the cited source. Relevance and classification are analytical assessments, not objective measures. How OBOR separates evidence, relevance and confidence →
INDUSTRIES
SOURCE
National Bureau of Statistics of China — Latest Releases · View source →