New Home Sales in China increased to 25783.04 CNY Hundred Million in May from 20068.32 CNY Hundred Million in April of 2026. New Home Sales in China averaged 31875.40 CNY Hundred Million from 1999 until 2026, reaching an all time high of 162730.00 CNY Hundred Million in December of 2021 and a record low of 78.19 CNY Hundred Million in February of 1999. source: National Bureau of Statistics of China

New Home Sales in China is expected to be 36000.00 CNY Hundred Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Sales Value of Commercial Residential Buildings is projected to trend around 77000.00 CNY Hundred Million in 2027 and 75000.00 CNY Hundred Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
House Price Index MoM -0.20 -0.10 percent May 2026
House Price Index YoY -3.50 -3.50 Percent May 2026
Housing Starts 17928.60 13900.22 Tens of Thousands Square Metre May 2026
New Home Sales 25783.04 20068.32 CNY Hundred Million May 2026
Property Investment -16.20 -13.70 percent May 2026
Residential Property Prices -6.30 -5.74 Percent Mar 2026


China Sales Value of Commercial Residential Buildings
In China, commercial housing sales refers to the total contract price of the sale of new commercial housing during the reporting period (that is, the total contract price confirmed in the formal sales contract signed by both parties). This indicator shows cumulative data.
Actual Previous Highest Lowest Dates Unit Frequency
25783.04 20068.32 162730.00 78.19 1999 - 2026 CNY Hundred Million Monthly
Current Prices, NSA