National Bureau of Statistics: In August, the sales prices of commercial residential properties in first-tier cities rose month-on-month.

According to the Zhitong Finance APP, Yang Caifang, Senior Statistician of the Urban Department of the National Bureau of Statistics, interpreted the statistical data on changes in commercial residential sales prices in August 2026. In August 2026, among the 70 large and medium-sized cities, the month-on-month sales prices of commercial residential properties in first-tier cities rose, while the month-on-month declines in second- and third-tier cities generally narrowed, and the year-on-year declines in first-, second-, and third-tier cities continued to narrow. In August, the month-on-month sales prices of second-hand residential properties in first-tier cities rose 0.1%, with the increase down 0.1 percentage point from the previous month. Among them, Shanghai and Shenzhen rose 0.3% and 0.1% respectively, Guangzhou remained flat, and Beijing fell 0.1%. The month-on-month sales prices of second-hand residential properties in second-tier cities fell 0.3%, the same decline as the previous month.