China Newly Built House Prices YoY Change  2011-2016 | Data | Chart

Average prices of new homes in 70 Chinese cities went up 12.3 percent year-on-year in October of 2016, compared to an 11.2 percent rise in September. It was the 13th straight month of gain and the fastest rise on record. 65 cities showed a year-on-year price gain, up from 64 in September. In Beijing, prices rose 27.5 percent and in Shanghai it rose 31.1 percent. On a monthly basis, new home prices rose 1.1 percent, slowing significantly from a 2.1 percent growth in the preceding month, as property curbs start to take effect. In early October, local governments in more than 20 cities rolled out a raft of cooling measures to tame fast-rising home prices. The measures included: higher down payments, bans on second-home buying, limits on bonds issuance aiming at discouraging developers from raising debt for new construction. Housing Index in China averaged 2.62 percent from 2011 until 2016, reaching an all time high of 12.30 percent in October of 2016 and a record low of -6.10 percent in March of 2015.

China Newly Built House Prices YoY Change
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-19 01:30 AM Aug 9.2% 7.9% 8.1%
2016-10-21 01:30 AM Sep 11.2% 9.2% 8.3%
2016-11-18 01:30 AM Oct 12.3% 11.2% 10%
2016-12-19 01:30 AM Nov 12.3% 9.9%
2017-01-18 01:30 AM Dec
2017-02-26 01:30 AM Jan




China Housing Last Previous Highest Lowest Unit
Housing Index 12.30 11.20 12.30 -6.10 percent [+]
Home Ownership Rate 90.00 90.00 90.00 90.00 percent [+]



China Newly Built House Prices YoY Change Notes

In China, Housing Index is measured by year over year change in house prices in 70 medium and large cities. This page provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Newly Built House Prices YoY Change - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
12.30 11.20 12.30 -6.10 2011 - 2016 percent Monthly
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