House price index in China, June, 2025 The most recent value is 120 index points as of Q2 2025, a decline compared to the previous value of 121.64 index points. Historically, the average for China from Q2 2005 to Q2 2025 is 113.63 index points. The minimum of 75.87 index points was recorded in Q2 2005, while the maximum of 145.91 index points was reached in Q3 2021. | TheGlobalEconomy.com

Housing Index in China remained unchanged at -2.20 percent in October. 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.

Graph and download economic data for Residential Property Prices for China (QCNN368BIS) from Q2 2006 to Q2 2025 about China, residential, housing, and price.

House Price Index MoM in China decreased to -0.50 percent in October from -0.40 percent in September of 2025. This dataset includes a chart with historical data for China House Price Index MoM.

Residential Property Prices in China decreased 6.40 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for China Residential Property Prices.

Key information about China Gold Production

• China Real Residential Property Price Index was reported at 90.676 2010=100 in Jun 2025.
• This records a decrease from the previous number of 91.615 2010=100 for Mar 2025.
• China Real Residential Property Price Index data is updated quarterly, averaging 93.824 2010=100 from Jun 2005 to Jun 2025, with 81 observations.
• The data reached an all-time high of 112.991 2010=100 in Sep 2021 and a record low of 87.950 2010=100 in Jun 2005.
• China Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

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.

Housing Starts in China increased to 49061.39 Tens of Thousands Square Metre in October from 45399.32 Tens of Thousands Square Metre in September of 2025. This dataset includes a chart with historical data for China Housing Starts.

View monthly updates and historical trends for China Housing Inflation Rate. Source: National Bureau of Statistics of China. Track economic data with YCha…

In 2023, the average price of real estate in China was approximately ****** yuan per square meter, representing a decrease from the previous year. Rising prices in the real estate market Since the 1998 housing reform, property prices in China have been rising continuously. Housing in the country is now often unaffordable, especially considering the modest per capita income of Chinese households. Shanghai and Beijing even have some of the most competitive real estate markets in the world. The rapid growth in housing prices has increased wealth among homeowners, while it also led to a culture of speculation among buyers and real estate developers. Housing was treated as investments, with owners expecting the prices to grow further every year. Risk factors The expectation of a steadily growing real estate market has created a property bubble and a potential debt crisis. As Chinese real estate giants, such as China Evergrande and Country Garden, operate by continuously acquiring land plots and initiating new projects, which often require substantial loans and investments, a slowdown in property demands or a decline in home prices can significantly affect the financial situation of these companies, putting China’s banks in a vulnerable position. In addition, due to a lack of regulations and monetary constraints, the long-term maintenance issues of high-rise apartments are also a concern to the sustainable development of China’s cities.

Property Investment in China decreased to -14.70 percent in October from -13.90 percent in September of 2025. This dataset includes a chart with historical data for China Property Investment YoY.

Key information about China Nominal Residential Property Price Index

• China Nominal Residential Property Price Index was reported at 120.000 2010=100 in Jun 2025.
• This records a decrease from the previous number of 121.643 2010=100 for Mar 2025.
• China Nominal Residential Property Price Index data is updated quarterly, averaging 107.588 2010=100 from Jun 2005 to Jun 2025, with 81 observations.
• The data reached an all-time high of 145.913 2010=100 in Sep 2021 and a record low of 75.868 2010=100 in Jun 2005.
• China Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

Property Price: YTD Avg: Beijing data was reported at 28,360.916 RMB/sq m in Mar 2025. This records a decrease from the previous number of 36,835.882 RMB/sq m for Feb 2025. Property Price: YTD Avg: Beijing data is updated monthly, averaging 19,466.029 RMB/sq m from Jan 2003 (Median) to Mar 2025, with 267 observations. The data reached an all-time high of 42,343.603 RMB/sq m in Jun 2021 and a record low of 4,515.769 RMB/sq m in Feb 2004. Property Price: YTD Avg: Beijing 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.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

New Home Sales YoY in China decreased to -41.90 percent in October from 0.40 percent in September of 2025. This dataset includes a chart with historical data for China New Home Sales YoY.

In 2024, the consumer price index for rents of residential housing in China ranged at 99.8 percent compared to the previous year (previous year=100). Since 2019, annual average prices for apartment rents in China have decreased slightly most of the years.

China - Residential Property Prices - Historical chart and current data through 2025.

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Real Estate Market Size 2025-2029

The real estate market size is valued to increase USD 1258.6 billion, at a CAGR of 5.6% from 2024 to 2029. Growing aggregate private investment will drive the real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 64% growth during the forecast period.
By Type - Residential segment was valued at USD 1440.30 billion in 2023
By Business Segment - Rental segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 48.03 billion
Market Future Opportunities: USD 1258.60 billion
CAGR from 2024 to 2029 : 5.6%

Market Summary

In the dynamic realm of global real estate, private investment continues to surge, reaching an impressive USD 2.6 trillion in 2020. This significant influx of capital underscores the sector's enduring appeal to investors, driven by factors such as stable returns, inflation hedging, and the ongoing demand for shelter and commercial real estate space. Simultaneously, marketing initiatives have gained momentum, with digital platforms and virtual tours becoming increasingly popular.
However, regulatory uncertainty looms, posing challenges for market participants. Amidst this complex landscape, real estate remains a vital component of the global economy, continually evolving to meet the shifting needs of businesses and individuals alike.

What will be the Size of the Real Estate Market during the forecast period?

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How is the Real Estate Market Segmented ?

The real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Residential
  Commercial
  Industrial


Business Segment

  Rental
  Sales


Manufacturing Type

  New construction
  Renovation and redevelopment
  Land development


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The residential segment is estimated to witness significant growth during the forecast period.

Amidst the dynamic real estate landscape, the residential sector encompasses the buying and selling of various dwelling types, including single-family homes, apartments, townhouses, and more. This segment experiences continuous growth, fueled by increasing millennial homeownership rates and urbanization trends. Notably, the APAC region, specifically China, dominates the market share, driven by escalating homeownership numbers. Concurrently, the Indian real estate sector thrives due to the demand for affordable housing, with initiatives like Pradhan Mantri Awas Yojana (PMAY) spurring the development of affordable housing projects. In this evolving market, various aspects such as environmental impact studies, capital appreciation potential, title insurance coverage, building lifecycle costs, mortgage interest rates, and structural engineering analysis play crucial roles.

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The Residential segment was valued at USD 1440.30 billion in 2019 and showed a gradual increase during the forecast period.

Property tax appeals, property insurance premiums, property tax assessments, property marketing strategies, building material pricing, property management software, land surveying techniques, zoning regulations compliance, architectural design features, building code compliance, multifamily property management, rental yield calculations, construction cost estimation, energy efficiency ratings, green building certifications, tenant screening processes, investment property returns, property development plans, geotechnical site investigations, sustainable building practices, due diligence procedures, HVAC system efficiency, property renovation costs, market value appraisals, building permit acquisition, and property valuation models significantly impact the sector's progression. As of 2021, the market is projected to reach a value of USD 33.3 trillion, underscoring its substantial influence on the global economy.

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Regional Analysis

APAC is estimated to contribute 64% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Real Estate Market Demand is Rising in APAC Request Free Sample

The APAC region held the largest share of the market in 2024, driven by factors such as rapid urbanization and increasing spending capacity. This trend is expected to continue during the forecast period. The overall health of the economy signi

Real residential property prices Y-on-Y, percent change in China, June, 2025 The most recent value is -6.38 percent as of Q2 2025, an increase compared to the previous value of -7.42 percent. Historically, the average for China from Q2 2006 to Q2 2025 is 0.27 percent. The minimum of -9.03 percent was recorded in Q3 2024, while the maximum of 7.7 percent was reached in Q2 2010. | TheGlobalEconomy.com

According to a survey among Chinese consumers in December 2021, ** percent of the respondents confirmed that they spent more on housing compared to six months ago, significantly lower than the global average of ** percent. In comparison, ** percent of Chinese respondents didn't perceive price changes regarding housing costs.