China’s residential property market remained under pressure in April 2026, with house prices falling 3.5% year-over-year, slightly worse than the 3.4% annual decline recorded in March 2026. The latest data, updated on 18 May 2026, signal a modest acceleration in the sector’s downturn on an annual comparison basis.
The figures highlight continued weakness in China’s housing market, as the “actual” indicator measures the change in prices in April 2026 versus April a year earlier, while the “previous” reading reflects the March 2026 level against March a year before. The marginal deepening of the decline underscores persistent headwinds for the real estate sector, which remains a key pillar of the country’s broader economic outlook.
