Home prices dip 3.5% in China in May 2025
BEIJING: China’s new home prices fell in May, extending a two-year long stagnation, official data showed on Monday, highlighting challenges in the sector despite several rounds of policy support measures. New home prices fell 0.2% month-on-month in May after showing no growth the previous month, according to Reuters calculations based on data released by China’s National Bureau of Statistics (NBS). From a year earlier, prices fell 3.5% in May from a 4.0% decline the previous month. Home prices are facing renewed downward pressure following the traditional peak season, driven by a combination of policy factors, market demand, regional disparities and…
