China new home prices unchanged m/m in April, -4% y/y

  • China new home prices

China new home prices for April 2025

0.0% m/m change (Reuters calculation)

  • prior also 0.0%

-4.0% y/y (Reuters calculation)

  • prior -4.5%

Poor figures again for China's housing sector. At best, the y/y is not as bad as it was in March. After so many declines for the sector I guess no change m/m is better than it was too.

china property

I should note that other than those Reuters calculations, I have seen other data showing the 23rd straight MoM % drop:

  • April -0.12% m/m (March was -0.08%)

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