NBS urban statistics senior statistician Yang Caifang released June 2026 housing price data. New home prices in tier‑1 cities fell 1.3% YoY in June, a 0.4 ppt narrowing from May; Beijing -2.1%, Guangzhou -2.6%, Shenzhen -3.6%, Shanghai +3.1%. Tier‑2 new home prices fell 3.1% YoY, narrowing 0.1 ppt; tier‑3 fell 4.2% YoY, unchanged from May. Second‑hand prices in tier‑1 cities fell 4.9% YoY, a 0.9 ppt narrowing; city breakdown Beijing -5.5%, Shanghai -3.2%, Guangzhou -6.1%, Shenzhen -4.7%. Tier‑2

NBS urban statistics senior statistician Yang Caifang released June 2026 housing price data. New home prices in tier‑1 cities fell 1.3% YoY in June, a 0.4 ppt narrowing from May; Beijing -2.1%, Guangzhou -2.6%, Shenzhen -3.6%, Shanghai +3.1%. Tier‑2 new home prices fell 3.1% YoY, narrowing 0.1 ppt; tier‑3 fell 4.2% YoY, unchanged from May. Second‑hand prices in tier‑1 cities fell 4.9% YoY, a 0.9 ppt narrowing; city breakdown Beijing -5.5%, Shanghai -3.2%, Guangzhou -6.1%, Shenzhen -4.7%. Tier‑2 and tier‑3 second‑hand prices fell 5.4% and 6.0% YoY, with declines narrowing 0.3 ppt and 0.2 ppt respectively.