Chinese real estate, city by city
As global real estate comes under pressure from higher interest rates, this dashboard examines residential real estate prices in China’s 70 biggest cities.
This breadth is important given that declines have largely been seen in second-tier markets. By contrast, Beijing, Shanghai and Chengdu, for example, are in much better shape.
The first and last columns track the year-on-year percentage change reported for June (which drives the top-to-bottom ranking) and six months earlier, respectively.
The middle graph aims to visualise how trends have evolved since mid-2022 – and how the distress appears to be stabilising. The blue bars show the latest year-on-year price change; the green dots represent that figure’s value six months earlier, which was worse (i.e. further to the left) for most cities.