New Home Sales YoY in China decreased to -23 percent in June from -8.60 percent in May of 2025. This dataset includes a chart with historical data for China New Home Sales YoY.

New Home Sales in China increased to 38849 CNY Hundred Million in June from 30119 CNY Hundred Million in May of 2025. This dataset provides - China Sales Value of Commercial Residential Buildings- actual values, historical data, forecast, chart, statistics, economic calendar and news.

From January to May 2025, the cumulative sales revenue of commercialized real estate in China amounted to around *** trillion yuan. This was a decline by *** percent from the same period in the previous year. Annual total sales revenue of real estate in China reached around **** trillion yuan in 2024.

In 2024, the total sales revenue from commercialized real estate sold in China amounted to around ************ yuan. This figure includes total sales of residential real estate, office real estate, real estate for business use, and others, generated by real estate developers in China.

Housing Index in China decreased by 3.20 percent in June from -3.50 percent in May of 2025. This dataset provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

China Real Estate: Sales Revenue data was reported at 9,589,690.064 RMB mn in 2017. This records an increase from the previous number of 9,009,150.637 RMB mn for 2016. China Real Estate: Sales Revenue data is updated yearly, averaging 810,756.060 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 9,589,690.064 RMB mn in 2017 and a record low of 16,212.340 RMB mn in 1988. China Real Estate: Sales Revenue data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKF: Real Estate Enterprise: All.

Graph and download economic data for Real Residential Property Prices for China (QCNR628BIS) from Q2 2005 to Q1 2025 about China, residential, HPI, housing, real, price index, indexes, and price.

China Floor Space Sold: Year to Date: Existing House data was reported at 78,732.924 sq m th in Mar 2025. This records an increase from the previous number of 38,059.005 sq m th for Feb 2025. China Floor Space Sold: Year to Date: Existing House data is updated monthly, averaging 114,333.166 sq m th from Aug 2005 (Median) to Mar 2025, with 236 observations. The data reached an all-time high of 399,947.672 sq m th in Dec 2017 and a record low of 12,082.799 sq m th in Feb 2020. China Floor Space Sold: Year to Date: Existing House data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKC: Commodity Building: Floor Space Sold: Monthly.

The China Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Key Cities (Shenzhen, Beijing, Shanghai, Hangzhou, Guangzhou, and Other Key Cities). The Market Forecasts are Provided in Terms of Value (USD).

China Real Estate: Sales Revenue: Land Transfer data was reported at 83,841.784 RMB mn in 2017. This records an increase from the previous number of 66,632.482 RMB mn for 2016. China Real Estate: Sales Revenue: Land Transfer data is updated yearly, averaging 25,242.555 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 83,841.784 RMB mn in 2017 and a record low of 746.800 RMB mn in 1989. China Real Estate: Sales Revenue: Land Transfer data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKF: Real Estate Enterprise: All.

In 2023, **** million apartments were sold in China, representing a slight growth from the previous years. In comparison to a decade ago, the speed of growth in residential property sales stagnated since around 2017, reflecting a potential lack of further demand in housing in the country.

China Building Sold: Year to Date: Residential: Existing House data was reported at 500,699.140 RMB mn in Mar 2025. This records an increase from the previous number of 252,780.610 RMB mn for Feb 2025. China Building Sold: Year to Date: Residential: Existing House data is updated monthly, averaging 453,119.000 RMB mn from Aug 2005 (Median) to Mar 2025, with 236 observations. The data reached an all-time high of 1,923,907.490 RMB mn in Dec 2016 and a record low of 34,464.000 RMB mn in Feb 2006. China Building Sold: Year to Date: Residential: Existing House data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKB: Commodity Building Sold: Monthly.

Revenue for the Residential Real Estate industry in China is expected to decrease at a CAGR of 9.8% over the five years through 2025. This trend includes an expected decrease of 9.6% in the current year.Since August 2020, the People's Bank of China and the China Banking and Insurance Regulatory Commission have proposed three debt indicators for real estate development and management companies through which the company's financial health can be rated. This new policy has exacerbated the company's debt pressure, making it unable to repay old debts by borrowing new debt. Some real estate companies faced a liquidity crisis.In 2022, the city's lockdown and laying-off caused by COVID-19 epidemic led to the pressure of delaying the delivery of houses. The industry's newly constructed and completed areas decreased significantly throughout the year. In addition, the epidemic has impacted sales in the industry, and some sales offices have been forced to close temporarily. In 2022, the residential sales area decreased by 26.8%, and the residential sales decreased by 31.2%.Industry revenue will recover at an annualized 0.7% over the five years through 2030. Over the next five years, the industry's drag on GDP will weaken, and industry growth will stabilize. However, high housing prices have become a major social problem in China. Under the measures on the principle that residential real estate is used for living, not speculation, the financial attributes of real estate will gradually weaken, and housing prices will tend to stabilize.

In 2023, the average price for residential real estate in Shenzhen ****** yuan per square meter. This was the highest price among all major cities in China, with the average price across the country amounting to ****** yuan per square meter. A pillar of the Chinese economy China gradually abolished its welfare housing allocation system and liberalized its real estate market in the 1990s. In 2003, the government declared the real estate sector as one of the pillars of the Chinese economy. Thanks to the country's rapid economic development and urbanization, China's real estate market expanded significantly in the last two decades, with the sector accounting for about seven percent of China's GDP in 2022. Unaffordable in major urban centers While the real estate industry greatly contributed to the growth of China's economy, the housing market boom also created social issues and financial risks. In comparison to household income, property prices in major cities, most notably Shanghai, Beijing, Guangzhou, and Shenzhen, are extraordinarily expensive for average citizens. Soaring housing prices have also led to a rapid division of wealth between homeowners and renters. At the same time, debt problems created by the rapid expansion of real estate companies and the high levels of debt accumulated by Chinese citizens have created serious potential hazards for China's financial system.

China Real Estate: Sales Revenue: Rental Income data was reported at 156,832.252 RMB mn in 2017. This records a decrease from the previous number of 178,696.723 RMB mn for 2016. China Real Estate: Sales Revenue: Rental Income data is updated yearly, averaging 15,445.315 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 178,696.723 RMB mn in 2016 and a record low of 88.260 RMB mn in 1988. China Real Estate: Sales Revenue: Rental Income data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKF: Real Estate Enterprise: All.

China Property Price: YTD Avg: Overall data was reported at 9,510.153 RMB/sq m in Mar 2025. This records a decrease from the previous number of 9,547.228 RMB/sq m for Feb 2025. China Property Price: YTD Avg: Overall data is updated monthly, averaging 5,157.474 RMB/sq m from Dec 1995 (Median) to Mar 2025, with 352 observations. The data reached an all-time high of 11,029.538 RMB/sq m in Feb 2021 and a record low of 599.276 RMB/sq m in Feb 1996. China Property Price: YTD Avg: Overall data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Price – Table CN.PD: NBS: Property Price: Monthly.

Beijing: Real Estate: Sales Revenue: Rental Income data was reported at 13,446.476 RMB mn in 2023. This records a decrease from the previous number of 14,212.754 RMB mn for 2022. Beijing: Real Estate: Sales Revenue: Rental Income data is updated yearly, averaging 12,300.093 RMB mn from Dec 1994 (Median) to 2023, with 30 observations. The data reached an all-time high of 36,640.376 RMB mn in 2016 and a record low of 17.410 RMB mn in 1994. Beijing: Real Estate: Sales Revenue: Rental Income data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKF: Real Estate Enterprise: Beijing.

China's large population, the accelerating urbanization process, rising household disposable incomes, and strong economic expansion have all contributed to the development of the real estate market. As a result, demand for real estate agents in China has been rising to meet the expanding market volumes and requirements for higher transaction efficiency.Over the five years through 2025, industry revenue is anticipated to decrease at a CAGR of 3.3%, including a decline of 2.2% in 2025. A competitive market has led to speculation and inflated housing prices in recent years. As a result, the Chinese government has implemented property-purchasing and loan limitations, price restrictions, and housing tax reforms to regulate industry development and limit speculation. Since 2022, consumers' demand for real estate has declined due to the COVID-19 epidemic and economic downturn. In 2023, the newly constructed area of real estate decreased by 20.9% year-on-year, which was narrower than that in 2022, while the completed area of real estate in this year increased by 15.8%.Over the five years through 2030, ACMR-IBISWorld forecasts that China's Real Estate Agents industry will recover, with revenue increasing at a CAGR of 1.9%. Due to intensifying competition, the separation of real estate development and sales will continue. Outsourcing real estate sales operations will improve the operational efficiency of real estate developers and offer new opportunities for real estate intermediary service providers in the industry.

Property Price Index: Secondary Mkt: Residential: Beijing data was reported at 100.500 Prev Mth=100 in Mar 2025. This records an increase from the previous number of 100.000 Prev Mth=100 for Feb 2025. Property Price Index: Secondary Mkt: Residential: Beijing data is updated monthly, averaging 100.200 Prev Mth=100 from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 106.300 Prev Mth=100 in Mar 2016 and a record low of 98.400 Prev Mth=100 in Apr 2024. Property Price Index: Secondary Mkt: Residential: Beijing data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.EA: Property Price Index: (Previous Month=100): Secondary Market Residential. The survey coverage and methods for the 70 cities property price index: Survey Coverage: The survey was conducted in the municipal districts of 70 medium and large-sized cities, excluding the counties. Survey Methods: The data of sales price, floor space and amount of money directly came from the network transaction records data of local real estate management departments. The survey of sales prices of second-hand residential buildings was non-overall survey, integrating key-point investigation with typical investigation, combing the methods of real estate brokerage agency reporting, real estate management departments providing, as well as investigator obtaining prices on the spot, to collect the basic data.

China Real Estate: Sales Revenue: Other data was reported at 288,101.302 RMB mn in 2017. This records an increase from the previous number of 247,489.171 RMB mn for 2016. China Real Estate: Sales Revenue: Other data is updated yearly, averaging 55,093.835 RMB mn from Dec 1988 (Median) to 2017, with 30 observations. The data reached an all-time high of 288,101.302 RMB mn in 2017 and a record low of 590.630 RMB mn in 1990. China Real Estate: Sales Revenue: Other data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Real Estate Sector – Table CN.RKF: Real Estate Enterprise: All.