Asia · CNY
China Housing Market Data
House prices in China fell 5.9% in the year to Q2 2026, based on BIS data. After inflation, prices lost 7.0% over the same period. Over five years the nominal index is -22.3%.
China
China house price index report
- Author
- Global Property Search Research DeskMarket data team
- Last update
- Apr 2026
- Next update
- Apr 2027
- Reviewed against
- MSCI Real Capital Analytics — Transactions Report, CBS / Kadaster — Bestaande koopwoningen prijsindex, BIS Selected Residential Property Prices +7 more
Independently researched and fact-checked against official sources. See our methodology and data sources.
Prices, year on year
-5.9%
Nominal, to Q2 2026
Prices after inflation
-7.0%
Real terms, year on year
Five-year change
-22.3%
Nominal index
Rents, year on year
—
Rent price index
Quarter on quarter
-0.9%
Most recent quarter
Ten-year change
-0.8%
Nominal index
Price-to-income
—
OECD index, 2015 = 100
Price-to-rent
—
OECD index, 2015 = 100
China house price history and latest market news
The nominal house price index for China runs from Q2 2005 to Q2 2026. Over that period the index moved from 70.2 to 104.4 (2015 = 100), a change of +48.8%.
The highest reading in the series is 135.0 in Q3 2021, which puts the most recent quarter -22.6% against that peak. The lowest reading is 70.2 in Q2 2005.
Latest update: the most recent published quarter is Q2 2026, sourced from BIS Selected Residential Property Prices, OECD Analytical House Price Indicators. New readings are added to this page as each statistical agency publishes, so the history above always reflects the latest official release rather than an estimate.
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 |
|---|---|---|---|
| Q2 2026 | 104.4 | 89.8 | — |
| 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 | — |
China housing market questions
- Are house prices rising or falling in China?
- Nominal house prices in China changed -5.9% in the year to Q2 2026. In real terms, after consumer price inflation, the change was -7.0%.
- How much have house prices risen in China over five years?
- The nominal house price index for China is -22.3% compared with five years earlier, and -0.8% 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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