Asia · CNY
China Housing Market Data
House prices in China fell 6.3% in the year to Q1 2026, based on BIS data. After inflation, prices lost 7.1% over the same period. Over five years the nominal index is -20.7%.
Prices, year on year
-6.3%
Nominal, to Q1 2026
Prices after inflation
-7.1%
Real terms, year on year
Five-year change
-20.7%
Nominal index
Rents, year on year
—
Rent price index
Quarter on quarter
-1.4%
Most recent quarter
Ten-year change
+2.2%
Nominal index
Price-to-income
—
OECD index, 2015 = 100
Price-to-rent
—
OECD index, 2015 = 100
House price index since 2000
Indices rebased so the 2015 average equals 100. Source: BIS.
Recent quarters in China
| Quarter | Nominal index | Real index | Rent index |
|---|---|---|---|
| Q1 2026 | 105.4 | 90.6 | — |
| Q4 2025 | 107.0 | 92.4 | — |
| Q3 2025 | 109.2 | 94.6 | — |
| Q2 2025 | 111.0 | 96.5 | — |
| Q1 2025 | 112.5 | 97.5 | — |
| Q4 2024 | 113.5 | 98.6 | — |
| Q3 2024 | 115.5 | 99.9 | — |
| Q2 2024 | 118.6 | 103.1 | — |
| Q1 2024 | 121.7 | 105.4 | — |
| Q4 2023 | 124.1 | 108.0 | — |
| Q3 2023 | 126.4 | 109.8 | — |
| Q2 2023 | 128.0 | 111.6 | — |
China housing market questions
- Are house prices rising or falling in China?
- Nominal house prices in China changed -6.3% in the year to Q1 2026. In real terms, after consumer price inflation, the change was -7.1%.
- How much have house prices risen in China over five years?
- The nominal house price index for China is -20.7% compared with five years earlier, and +2.2% compared with ten years earlier.
- Where does this China housing data come from?
- Figures come from BIS Selected Residential Property Prices, OECD Analytical House Price Indicators. Every index is rebased so 2015 = 100, which makes countries and sources directly comparable.
Sources and licensing
- Sources: National sources, BIS Residential Property Price database, https://www.bis.org/statistics/pp.htm Source page
- Source: OECD Analytical House Price Indicators Source page
Read how we normalise and compare these series in our methodology, or browse all countries.
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