Actual transaction prices of second-hand homes in China down about 40% from their 2021 peak
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.