Home prices in China's first-tier cities show signs of stabilization in Dec

Source: Mysteel Jan 20, 2026 14:00

In December 2025, home prices in China's first-tier cities showed signs of stabilization, with month-on-month declines in both new and second-hand homes narrowing.

According to data released by the National Bureau of Statistics (NBS), China's new home sales area reached 881 million square meters in 2025, a year-on-year decrease of 8.7%; the sales amount reached Yuan 8.29 trillion ($1.2 trillion), down 12.6%. During the same period, nationwide real estate development investment reached