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  • National statistical office: the price of used houses in hangzhou fell four times in august, down 2.

       2026-06-14 NetworkingName1370
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    Key Point:Tide news client, reporter, huang qiJust recently, the national statistical office published the price movements in 70 cities and cities in august. The value of used houses in hangzhou fell by 0. 5 per cent, or 2. 8 per cent, over the same period。According to the national statistical office, in august, 17 of the 70 large and medium-sized cities increased the prices of new and third-hand residential homes, three fewer than the previous mont

    Tide news client, reporter, huang qi

    Just recently, the national statistical office published the price movements in 70 cities and cities in august. The value of used houses in hangzhou fell by 0. 5 per cent, or 2. 8 per cent, over the same period。

    According to the national statistical office, in august, 17 of the 70 large and medium-sized cities increased the prices of new and third-hand residential homes, three fewer than the previous month。

    In august, the ring price ratio for newly built residential housing in the first-line cities changed from a flat level last month to a decline of 0. 2 per cent, including 0. 2 per cent, 0. 3 per cent and 0. 6 per cent in beijing, guangzhou and shenzhen, respectively, and 0. 1 per cent in shanghai; the ring price for new residential housing in the second-line cities decreased by 0. 2 per cent, the same rate as last month; and the ring price for new residential housing in the third-line cities decreased by 0. 4 per cent, a decrease of 0. 1 percentage points over the previous month。

    In august, the price of second-hand homes in the first-line cities decreased by 0. 2 per cent, by 0. 6 percentage points less than in the previous month, with the beijing ring increasing by 0. 4 per cent, the shanghai, guangzhou and shenzhen ring decreasing by 0. 3 per cent, 0. 6 per cent and 0. 2 per cent, respectively, and the second-line cities decreasing by 0. 5 per cent and 0. 4 per cent, respectively, respectively, of the previous month。

    By comparison, in august, out of 70 large and medium-sized cities, the prices of new and second-hand residential housing rose by 25 and 3 cities, respectively, one and two fewer than last month。

    In august, the prices of newly built residential housing in the first-line cities increased by 0. 6 per cent over the same period, an increase of 0. 4 percentage points over the previous month; the prices of new residential housing in the second-line cities rose by 0. 3 per cent over the same period, an increase of 0. 1 percentage points over the previous month; and the prices of new residential housing in the third-line cities decreased by 1. 4 per cent over the same period, a decrease of 0. 1 percentage points less than last month. In august, the prices of second-hand homes in first- and second-line cities decreased by 1. 6 per cent and 3. 0 per cent, respectively, compared to the previous month, which increased by 0. 2 and 0. 3 percentage points, respectively, and in third-line cities, by 3. 5 per cent, the same as last month。

    In the case of hangzhou, the price of new houses in hangzhou increased by 0. 1 per cent in august and 3. 3 per cent in the same year; the price of second-hand houses fell by 0. 5 per cent and 2. 8 per cent in the same year。

    In terms of data, the price of second-hand houses declined in august in terms of both ring and year-on-year, and for four months in a row, the same as 12 consecutive months, with an increase in the fall, which was higher since june 2015。

    Ratio of house prices to ring

    According to the guangzhou institute for human settlements, in august, the exchange of second-hand rooms in hangzhou city (with fuyang, pianan) fell and recovered, reaching 5395 units, representing an 11. 4 per cent increase in the ring ratio。

    Tide journalists learned from intermediaries in the areas of hao, dawan, okwan, kanjiang and zhang fong that, as temperatures fell, together with policy expectations, the number of houses seen had risen more markedly, rising by about 20 per cent compared to august。

    However, in terms of turnover, the september turnover did not increase significantly. According to data from the tide press institute for good habitat, in the first half of september only 2,000 second-hand rooms were sold in the city of hangzhou, the same as in august. According to information from the intermediary's return, the majority of home buyers are still waiting, there is no turning point in their confidence, and the buyers look forward to more profitable policies to follow。

    At the price level, the used house in hangzhou is still down the road and there are no signs of stopping it. An industry analysis indicates that, in the current situation, strong policy incentives are needed to stabilize prices, thereby increasing the confidence of home buyers, and that we will see whether hangzhou will follow up on the recent liberalization of the restrictive purchase policy in a number of second-line cities (shen yang, nanjing, lanzhou, jenan, fuzhou, zhengzhou, etc.)。

    Ratio of house prices to ring

    Ratio of house prices to ring

     
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