According to data from the China Index Research Institute, in May 2026 the national average house price fell 3.6% year-on-year and 0.2% month-on-month, indicating the real estate market remains sluggish.
A video claims that the actual transaction prices of second-hand homes in China in 2026 have fallen by about 40% compared with the 2021 peak; the China Index Academy says the average price of second-hand homes in 100 cities fell 7.6% year-on-year in October 2025, and the Mingyuan Real Estate Research Institute estimates that second-hand homes in outer suburbs and similar areas are down 20% to 50% from 2021, while no authoritative source has been found for the 40% figure.