China New Home Prices Record Fastest Annual Decline in Five Months During December
New home prices in China fell 2.7 percent year-on-year in December. This property sector weakness is expected to drag on economic growth for several years.
Insights:
The National Bureau of Statistics (NBS) reported on Monday that new home prices in China 
CNdeclined by 0.4 percent month-on-month in December 2025, maintaining the same pace of contraction observed in November. On an annual basis, prices dropped 2.7 percent in December, marking an acceleration from the 2.4 percent decline recorded the previous month and representing the fastest annual drop in five months. The data highlights a deepening downturn in the property sector of China, which continues to pose a significant structural challenge to the national economy despite various efforts by the Chinesegovernment to stabilize the market.
CNdeclined by 0.4 percent month-on-month in December 2025, maintaining the same pace of contraction observed in November. On an annual basis, prices dropped 2.7 percent in December, marking an acceleration from the 2.4 percent decline recorded the previous month and representing the fastest annual drop in five months. The data highlights a deepening downturn in the property sector of China, which continues to pose a significant structural challenge to the national economy despite various efforts by the Chinesegovernment to stabilize the market.
