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National Bureau of Statistics: In August, the sales price of new commercial housing in first-tier cities fell by 0.3% month-on-month.

On September 14th, news, in August, the sales price of new commercial housing in first-tier cities fell by 0.3% month-on-month, and the decline was 0.2 percentage points narrower than the previous month. Among them, Beijing, Guangzhou and Shenzhen decreased by 0.5%, 0.5% and 0.8% respectively, and Shanghai rose by 0.6%. The sales price of new commercial housing in second- and third-tier cities decreased by 0.7% and 0.8% month-on-month, respectively, and the decline was 0.1 percentage points larger than the previous month. In August, the sales price of second-hand housing in first-tier cities decreased by 0.9% month-on-month, and the decline was 0.4 percentage points larger than the previous month. Among them, Beijing, Shanghai, Guangzhou and Shenzhen decreased by 1.0%, 0.6%, 0.7% and 1.3% respectively. The sales prices of second-hand housing in second- and third-tier cities fell by 1.0% and 0.9% month-on-month, respectively, an increase of 0.2 and 0.1 percentage points from the previous month.