China October new house prices -2.2% y/y (prior -2.2% also)

  • China October new house prices
china pboc yean 24 September 2025 People's Bank of China

China house prices October 2025, the downward spiral continues.

  • -2.2% y/y (prior -2.2% also)
  • -0.5% m/m (prior -0.4%)

This is a self feeding vicious cycle. Why buy a home when the price will soon fall? The indebted property sector continues to weigh on the Chinese economy. Stimulus and surprisingly resilient exports a counter balance of sorts.

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