Prices for Sanya’s second-hand houses in August record 2.2% decline
16 cities saw month-on-month declines in new commercial house prices while 30 cities remained unchanged, according to the NBS.
As for the second-hand houses, prices for second-hand houses in 26 cities showed declines and 17 cities maintained the same level in August from July. Meanwhile, the growth rate of second-hand housing prices did not exceed 0.7%.
Five cities reported year-on-year declines in second-hand housing prices including Ningbo, Fuzhou and Sanya.
According to the index, prices for second-hand housing (between 90 sqm and 144 sqm) in Sanya fell 2.4% year on year, recorded the highest in the house trading types.