House prices in China; second-hand house price index, Beijing (2011=100)

China

House prices in Beijing, China. We use the price index of second-hand residential buildings provided by the National Bureau of Statistics of China (NBSC).

House prices in Beijing, % change 1 yr

Nominal and inflation-adjusted ('real')

China

Source: Ehomeday


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20232.42
20221.320.80.12-0.31
20212.474.370.5-0.7
2020-0.785.44-0.181.5
2019-0.640.62-3.05-1.66
2018-2.10.79-1.47-0.99
20173.65-1.88-3.22-1.77
201610.548.310.591.29
2015-0.519.385.074.15
2014-0.9-1.98-3.751.1
20135.175.512.512.62
2012-2.451.44-0.350.5
2011-0.7-1.48-2.18

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.