The price of commercial housing sales rose steadily in October.

| gov.cn

Xinhua News Agency, Beijing, 15 Nov (Reporter Chen Weiwei) on the 15th, the National Bureau of Statistics released statistical data on changes in commercial housing sales prices in 70 large and medium-sized cities. Statistics show that in October, the price of commercial housing sales rose steadily.

Month-on-month increases in sales prices of new commercial housing and second-hand housing in first-and second-tier cities have fallen from the previous month. According to preliminary estimates by the National Bureau of Statistics, the sales prices of new commercial housing in four first-tier cities rose 0.1 percent month-on-month, down 0.3 percentage points from the previous month. The price of second-hand home sales rose 0.1% from the previous month, down 0.2 percentage points from the previous month. Of these, Beijing, Shanghai and Guangzhou fell 0.6 per cent, 0.2 per cent and 0.1 per cent, respectively, while Shenzhen rose 1.0 per cent, down 0.3 percentage points from the previous month.

Sales prices of new commercial housing and second-hand housing in 31 second-tier cities rose 0.5 percent and 0.1 percent respectively from the previous month, down 0.1 percentage points from the previous month, according to the data. Sales prices of new commercial housing and second-hand housing in 35 third-tier cities rose 0.6 percent and 0.5 percent respectively over the previous month, down 0.2 percentage points from the previous month.

Kong Peng, chief statistician of the City Department of the National Bureau of Statistics, analyzed that in October, all localities adhered to the position of "housing does not speculate," tamped the main responsibility of the city, and thoroughly implemented the "one city, one policy" of real estate regulation and control around the goal of stabilizing land prices, housing prices, and expectations. The real estate market has further stabilized and price increases have fallen.

The price of commercial housing sales rose steadily in October.

| gov.cn

Xinhua News Agency, Beijing, 15 Nov (Reporter Chen Weiwei) on the 15th, the National Bureau of Statistics released statistical data on changes in commercial housing sales prices in 70 large and medium-sized cities. Statistics show that in October, the price of commercial housing sales rose steadily.

Month-on-month increases in sales prices of new commercial housing and second-hand housing in first-and second-tier cities have fallen from the previous month. According to preliminary estimates by the National Bureau of Statistics, the sales prices of new commercial housing in four first-tier cities rose 0.1 percent month-on-month, down 0.3 percentage points from the previous month. The price of second-hand home sales rose 0.1% from the previous month, down 0.2 percentage points from the previous month. Of these, Beijing, Shanghai and Guangzhou fell 0.6 per cent, 0.2 per cent and 0.1 per cent, respectively, while Shenzhen rose 1.0 per cent, down 0.3 percentage points from the previous month.

Sales prices of new commercial housing and second-hand housing in 31 second-tier cities rose 0.5 percent and 0.1 percent respectively from the previous month, down 0.1 percentage points from the previous month, according to the data. Sales prices of new commercial housing and second-hand housing in 35 third-tier cities rose 0.6 percent and 0.5 percent respectively over the previous month, down 0.2 percentage points from the previous month.

Kong Peng, chief statistician of the City Department of the National Bureau of Statistics, analyzed that in October, all localities adhered to the position of "housing does not speculate," tamped the main responsibility of the city, and thoroughly implemented the "one city, one policy" of real estate regulation and control around the goal of stabilizing land prices, housing prices, and expectations. The real estate market has further stabilized and price increases have fallen.











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