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<CN Home>New Home Prices Across 100 Cities in CN Edge Up YoY in Dec 2025, But 2nd-Hand Home Prices Drop: CIA
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In December 2025, the average price of newly built homes across 100 cities in China grew by 0.28% MoM or 2.58% YoY to RMB17,084 per square meter, while the average price of second-hand homes dropped by 0.97% MoM or 8.36% YoY to RMB13,016 per square meter, according to data released by the China Index Academy (CIA).

In terms of newly built homes, high-end improvement projects entered the market in cities like Shenzhen, Beijing, Shanghai, and Nanjing that month, driving a structural increase in new home prices across 100 cities. Meanwhile, the listing volume of second-hand homes remained high, and their prices were still being adjusted.

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