Agency: In August, the price of second-hand housing in 100 cities continued to decline, and the price of new residential buildings rose by 1.76% year-on-year.
2024-09-01 00:13:10
Agency Baicheng second-hand housing price continue down new housing the price is the same 1.76desk3cryptocurrencydesktopCrypto News
On September 1st, according to the survey data of China's real estate index system 100 cities' new and second-hand housing sales market and 50 cities' rental market in 100 cities across the country, in August 2024, the average price of second-hand housing in 100 cities was 14,549 yuan/square meter, down 0.71% month-on-month, and the decline was narrowed by 0.03 percentage points from July. It has fallen for 28 consecutive months; the year-on-year decline was 6.89%. The current owner's "price-for-volume" drives the price of second-hand housing in 100 cities to continue to decline. The average price of new housing in 100 cities was 16,461 yuan/square meter, up 0.11% month-on-month and 1.76% year-on-year. Driven by the entry of high-quality improvement projects in some cities, the price of new housing in 100 cities rose structurally month-on-month. The average rent of housing in 50 cities across the country was 36.2 yuan/square meter/month, down 0.20% month-on-month and 2.13% year-on-year. In August, with the weakening of the graduation season effect, the release rhythm of rental demand slowed down, and residential rents in key cities turned to a slight decline.
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