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
Q1 | Q2 | Q3 | Q4 | |
2023 | 2.42 | |||
2022 | 1.32 | 0.8 | 0.12 | -0.31 |
2021 | 2.47 | 4.37 | 0.5 | -0.7 |
2020 | -0.78 | 5.44 | -0.18 | 1.5 |
2019 | -0.64 | 0.62 | -3.05 | -1.66 |
2018 | -2.1 | 0.79 | -1.47 | -0.99 |
2017 | 3.65 | -1.88 | -3.22 | -1.77 |
2016 | 10.54 | 8.3 | 10.59 | 1.29 |
2015 | -0.51 | 9.38 | 5.07 | 4.15 |
2014 | -0.9 | -1.98 | -3.75 | 1.1 |
2013 | 5.17 | 5.51 | 2.51 | 2.62 |
2012 | -2.45 | 1.44 | -0.35 | 0.5 |
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.