On 15 august, the national institute of statistics published statistics on the evolution of the prices of residential sales for commodities in 70 cities and cities in july 2025, in which the price of new houses in jenan fell three times, a decline of 0. 3 per cent, or 4. 0 per cent, over the same period; and the price of second-hand houses fell four times, a decline of 0. 4 per cent, or 5. 9 per cent, over the same period。
According to statistics, in july 2025, the price of new homes fell by 0. 3 per cent, or 4. 0 per cent, in jenan; in july, the ring fell by 0. 4 per cent, or 1. 8 per cent, in qingdao; in july, the ring fell by 0. 3 per cent, or 4. 6 per cent, in the same year; and in july, the ring fell by 0. 2 per cent, or 3. 7 per cent, in chinin。
In terms of second-hand house prices, in july the price of second-hand houses decreased by 0. 4 per cent, or 5. 9 per cent, compared to the previous year; in july, the ring ratio fell by 0. 6 per cent, or 4. 9 per cent, compared to the same date; in july, the ring ratio of smokers decreased by 0. 8 per cent, or 6. 7 per cent, compared to the same date; and in july, the ring ratio of chinin decreased by 0. 7 per cent, or 5. 2 per cent, compared to the same date。
In recent years, the prices of new and second-hand houses in chinan have fluctuated. With regard to new housing, there has been an overall fluctuation since 2019, with monthly increases and drops within 1 per cent. Three consecutive drops between november 2022 and january 2023 were followed by a downward spiral in february and a six-line increase by july. But again in august 2023, it fell by 18 consecutive times as of january; in february, the price of new houses went up, in march, and in april, it went up evenly, and in may and july, it went down three times。
The second-hand house market has generally declined since 2020, with a small increase in the number of months, but an overall “higher drop”. The downward trend that began in september 2021 was seventeen by january 2023, three by february and then again by april of the same year, twenty-two by february of the current year, and four by july, after the round-up in march。
According to wang china, the chief statistician of the urban division of the national statistical office, who interpreted the july 2025 statistics on the evolution of the prices of commercial residential sales, in july 2025, the price ratio of commercial residential sales for all lines of urban housing declined in 70 large and medium-sized cities, narrowing the overall decline over the same period。
Prices for residential sales of urban goods have declined by line. In july, the price of new residential housing in front-line cities decreased by 0. 2 per cent, or 0. 1 percentage points less than last month. In second-line cities, prices for the sale of new commodities decreased by 0. 4 per cent and by 0. 2 percentage points. The price of new residential housing in third-line cities decreased by 0. 3 per cent, the same as last month. In july, second-hand residential sales prices in front-line cities decreased by 1. 0 per cent, an increase of 0. 3 percentage points over the previous month. Second- and third-line urban secondary housing prices declined by 0. 5 per cent and by 0. 1 percentage points。
Prices for residential sales of urban goods on all lines have been reduced by the same year. In july, the prices of new residential housing in front-line cities decreased by 1. 1 per cent over the same period, by 0. 3 percentage points less than last month. The prices of new residential housing in cities on the second and third lines declined by 2. 8 per cent and 4. 2 per cent, respectively, by 0. 2 and 0. 4 percentage points, respectively. Out of 70 large and medium-sized cities, the prices of new residential construction increased by 5 cities in comparison with the previous month, an increase of 2 more. In july, second-hand residential sales prices in front-line cities decreased by 3. 4 per cent in comparison with the same year, an increase of 0. 4 percentage points over the previous month. Second- and third-line urban secondary housing prices decreased by 5. 6 per cent and 6. 4 per cent, respectively, by 0. 2 and 0. 3 percentage points, respectively。
Shantung business news, chai zhuan
