According to Reuters estimates, the new housing price index rose in June in 63 cities (67 last month), remained flat in 2 cities (1 last month) and fell in 5 cities (2 last month).
Liu Jianwei, Senior Statistician of the Urban Department of the Bureau of Statistics, said that in June, sales prices of newly built commercial residential buildings in the first, second and third tier cities rose at the same rate as last month, while those of second-hand residential buildings in the first and second tier cities declined, while those in the third tier cities increased slightly. Sales prices of newly built commercial residential buildings and second-hand residential buildings in the first, second and third tier cities both fell year on year.
In June, he said, all localities adhered to the position that "houses are for living, not for speculation", and consolidated the main responsibility to ensure the stable and healthy development of the real estate market around the goal of stabilizing land prices, stabilizing house prices and stabilizing expectations.
Schedule: New housing rings in 70 large and medium-sized cities rose or fell (%) year-on-year.
New House Price Index in June
Ring ratio (%) was higher than that of last month (percentage point) and year-on-year (%) was higher than that of last month (percentage point).
70 Cities* 0.6_0.1 10.3_0.4
Line 0.2_0.14.4_0.3
Second Line 0.8 0 11.4_0.7
Three-line 0.7_0.1 10.9_0.4
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