share
 

More Chinese cities report rising home prices in March

0 Comment(s)Print E-mail Xinhua, April 16, 2025
Adjust font size:

Commercial home prices in March rose in more Chinese cities from a month ago as transactions became more vibrant in the real estate market, data from the National Bureau of Statistics (NBS) showed on Wednesday.

An NBS survey covering 70 major cities said the prices of new houses were higher in 24 cities last month, up from 18 in February, while resold homes in 10 cities logged price increases, up by 7.

Home prices in first-tier cities, namely Beijing, Shanghai, Guangzhou and Shenzhen, increased last month compared to February, while second- and third-tier cities in general registered narrowed price declines, according to the official data.

On a year-on-year basis, Chinese cities at large continued to see smaller home price drops in March, the NBS said.

Wednesday's data added to evidence that the property sector continued to stabilize last month thanks to government policies unveiled over the past few months to support developers and improve market sentiment.

Since the fourth quarter of last year, the central government has stepped up efforts to halt the downturn of the real estate market.

An integrated policy package has been rolled out to boost investment, accelerate the renovation of old urban neighborhoods, expand the supply of affordable housing, and implement a "white list" mechanism to direct financial support to qualified developers.

Analysts believe that at the heart of the efforts is a push to stimulate housing transactions.

"The policy mix -- including more flexible mortgage policies, lower interest rates on existing home loans, reduced taxes on home upgrades, and adjustments to the housing provident fund -- has eased the burden on homebuyers and further unlocked housing demand," said Hou Yongzhi with the Development Research Center of the State Council.

The property sector has begun to show signs of recovery over the past months.

"In March, we observed positive price changes in both new and second-hand housing markets across first-, second- and third-tier cities," Sheng Laiyun, deputy head of the NBS, told a press briefing on Wednesday.

Official data has revealed a notable narrowing in the year-on-year declines in both volume and value of new home sales in the first quarter, compared with full-year figures from 2024. Meanwhile, as market activity picks up, developers have reported better performance, and the contraction in both corporate and individual mortgage lending has slowed.

While the market currently remains in a period of adjustment, the long-term outlook is promising. Urbanization in China is far from complete, and demand for high-quality, green, and comfortable living spaces continues to grow.

For the first time, the phrase "quality homes" appeared in the government work report this year. The report published in March called for efforts to "improve the standards and regulations on building quality homes that are safe, comfortable, eco-friendly, and smart."

At the end of March, the Ministry of Housing and Urban-Rural Development released new national standards for residential projects, aiming to meet the people's demand for improved quality of living.

The new standards, effective May 1, include a minimum ceiling height of three meters for new residential buildings, up from 2.8 meters at present, mandatory elevators for structures with four or more floors, and enhanced sound insulation standards for walls and floors.

"Building quality homes will become a new track in the transformation of the property sector," said Chen Weiguo, chairman of China Construction Third Engineering Bureau Co., Ltd.

Authorities will continue to implement policies aimed at stabilizing the market, Sheng said. "We will intensify efforts to promote the construction of quality homes, foster a new development model for the real estate sector, and ensure its long-term healthy development," he said.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: а√天堂中文在线资源bt在线| 亚洲一区电影在线观看| 老司机67194免费观看| 国产成人综合久久久久久| 80yy私人午夜a级国产| 天天摸天天操免费播放小视频| 不卡中文字幕在线| 无码欧精品亚洲日韩一区| 久久精品国产精品亚洲艾| 欧美一区二区三区综合色视频| 亚洲欧美日韩中文无线码| 用劲好爽快点要喷了视频| 十七岁在线观看资源网| 老阿姨哔哩哔哩b站肉片茄子芒果| 国产在线精品美女观看| 日本高清色www网站色| 国产精品亚洲综合五月天| 91进入蜜桃臀在线播放| 在线观看免费视频资源| japanese日本护士高潮| 小sao货水好多真紧h视频| 中国一级特黄aa毛片大片| 无码一区二区三区中文字幕| 久久免费看少妇高潮V片特黄| 日韩欧美国产综合| 九九久久99综合一区二区| 最近日本免费观看直播| 亚洲一区二区视频在线观看| 欧美人妻aⅴ中文字幕| 亚洲国产精品毛片AV不卡在线| 欧美激情在线播放一区二区三区| 亚洲精品二三区伊人久久| 特级毛片a级毛片在线播放www | 国产精品特级露脸AV毛片| 91精选在线观看| 国模无码一区二区三区| 999精品视频在线观看| 国内精品久久久久精品| 91精品国产欧美一区二区| 国产色司机在线视频免费观看| 91香蕉福利一区二区三区|