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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.