China House Prices Growth

1999 - 2024 | Monthly | % | CEIC Data

Key information about House Prices Growth

  • China house prices dropped 8.7% YoY in May 2024, following a decrease of 8.7% YoY in the previous month.
  • YoY growth data is updated monthly, available from Mar 1999 to May 2024, with an average growth rate of 7.5%.
  • House price data reached an all-time high of 25.0% in Feb 2010 and a record low of -12.6% in Apr 1999.

CEIC calculates House Prices Growth from monthly Average Residential Property Price per Square Meter. The National Bureau of Statistics provides year-to-date Average Residential Property Price per Square Meter in local currency.

View China's House Prices Growth from Mar 1999 to May 2024 in the chart:

China House Prices Growth

What was China's House Prices Growth in May 2024?

China house prices dropped 8.7% YoY in May 2024, following a decrease of 8.7% YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-8.7 May 2024 -8.7 Apr 2024 -12.6 Apr 1999 25.0 Feb 2010 % monthly Mar 1999 - May 2024

House Prices Growth by Country Comparison

country/region Last Frequency Range
Australia (%) 7.7 Mar 2024 quarterly Sep 2004 - Mar 2024
Austria (%) -3.0 Dec 2023 quarterly Sep 1987 - Dec 2023
Belarus (%) -2.5 Dec 2021 quarterly Mar 2010 - Dec 2021
Belgium (%) 0.5 Mar 2024 quarterly Mar 1974 - Mar 2024
Bosnia and Herzegovina (%) 17.0 2022 yearly 2009 - 2022
Brazil (%) 6.2 Jun 2024 monthly Jan 2009 - Jun 2024
Brunei (%) -1.6 Mar 2024 quarterly Mar 2016 - Mar 2024
Bulgaria (%) 16.0 Mar 2024 quarterly Mar 2006 - Mar 2024
Canada (%) 0.0 May 2024 monthly Jan 1982 - May 2024
Chile (%) 0.6 Mar 2024 monthly Jan 2004 - Mar 2024
China (%) -8.7 May 2024 monthly Mar 1999 - May 2024
Colombia (%) 12.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Croatia (%) 1.8 Dec 2023 semiannually Jun 1996 - Dec 2023
Cyprus (%) 8.3 Dec 2023 quarterly Mar 2007 - Dec 2023
Czech Republic (%) 1.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Denmark (%) 12.3 Jan 2022 monthly Jan 2007 - Jan 2022
Estonia (%) -4.1 Jun 2024 quarterly Sep 2004 - Jun 2024
European Union (%) 1.3 Mar 2024 quarterly Mar 2006 - Mar 2024
Finland (%) 2.0 Dec 2017 quarterly Mar 2011 - Dec 2017
France (%) -4.8 Mar 2024 quarterly Mar 2001 - Mar 2024
Georgia (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Germany (%) -5.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Greece (%) 12.1 Dec 2023 quarterly Mar 2000 - Dec 2023
Hong Kong SAR, China (%) -12.7 May 2024 monthly Jan 1994 - May 2024
Hungary (%) 7.1 Mar 2024 quarterly Mar 2008 - Mar 2024
Iceland (%) 6.3 Jun 2024 monthly Mar 2001 - Jun 2024
India (%) 6.3 Mar 2024 quarterly Mar 2011 - Mar 2024
Indonesia (%) 1.9 Mar 2024 quarterly Mar 2003 - Mar 2024
Ireland (%) 7.9 Apr 2024 monthly Jan 2006 - Apr 2024
Israel (%) 2.1 Mar 2024 monthly Jan 1995 - Mar 2024
Italy (%) 1.7 Mar 2024 quarterly Mar 2011 - Mar 2024
Japan (%) 2.7 Mar 2024 monthly Apr 2009 - Mar 2024
Kazakhstan (%) 1.3 Jun 2024 monthly Nov 2013 - Jun 2024
South Korea (%) -0.9 May 2024 monthly Jan 1987 - May 2024
Latvia (%) 17.3 Mar 2022 quarterly Mar 2007 - Mar 2022
Lithuania (%) 13.1 Mar 2023 quarterly Mar 2007 - Mar 2023
Luxembourg (%) -14.4 Dec 2023 quarterly Mar 2008 - Dec 2023
North Macedonia (%) 4.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Malaysia (%) 0.5 Mar 2024 quarterly Mar 2000 - Mar 2024
Malta (%) 6.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Mexico (%) 9.6 Mar 2024 quarterly Mar 2006 - Mar 2024
Mongolia (%) 11.2 Jun 2024 quarterly Mar 2023 - Jun 2024
Montenegro (%) 30.9 Mar 2024 quarterly Mar 2012 - Mar 2024
Morocco (%) 0.8 Mar 2024 quarterly Mar 2007 - Mar 2024
Netherlands (%) 7.5 Apr 2024 monthly Jan 1996 - Apr 2024
New Zealand (%) -0.7 Dec 2023 quarterly Dec 1990 - Dec 2023
Norway (%) 1.2 Mar 2024 quarterly Mar 1993 - Mar 2024
Palestinian Territory (%) -1.7 Mar 2024 quarterly Mar 2019 - Mar 2024
Peru (%) 7.0 Dec 2021 quarterly Dec 2008 - Dec 2021
Philippines (%) 6.1 Mar 2024 quarterly Mar 2015 - Mar 2024
Poland (%) 18.1 Mar 2024 quarterly Dec 2006 - Mar 2024
Portugal (%) 7.0 Mar 2024 quarterly Mar 2010 - Mar 2024
Romania (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Russia (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Serbia (%) -5.0 Dec 2023 semiannually Jun 1995 - Dec 2023
Singapore (%) 6.2 Jun 2024 quarterly Mar 1976 - Jun 2024
Slovakia (%) -5.2 Mar 2024 quarterly Mar 2006 - Mar 2024
Slovenia (%) 6.3 Mar 2024 quarterly Mar 2008 - Mar 2024
South Africa (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Spain (%) 3.3 May 2024 monthly Jan 2002 - May 2024
Sweden (%) -2.5 Mar 2024 quarterly Mar 1987 - Mar 2024
Switzerland (%) 0.2 Mar 2024 quarterly Mar 1971 - Mar 2024
Taiwan (%) 10.5 Mar 2024 quarterly Mar 2002 - Mar 2024
Thailand (%) 8.5 Sep 2021 monthly Mar 2009 - Sep 2021
Turkey (%) 52.0 Mar 2024 monthly Jan 2011 - Mar 2024
Ukraine (%) 15.3 Mar 2024 quarterly Mar 2017 - Mar 2024
United Kingdom (%) 1.4 Jun 2024 monthly Jan 1992 - Jun 2024
United States (%) 6.6 Mar 2024 quarterly Mar 1992 - Mar 2024

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China Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Consolidated Fiscal Balance (USD mn) -138,026.800 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Revenue (USD mn) 157,633.826 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Revenue: % of GDP (%) 3.8 Mar 2024 quarterly Mar 1995 - Mar 2024
National Government Debt (USD mn) 4,229,996.2 2023 yearly 2005 - 2023
Government Debt: % of GDP (%) 24.0 Mar 2024 quarterly Mar 2014 - Mar 2024
Forecast: Government Expenditure (RMB bn) 60,775.948 2029 yearly 1982 - 2029
Forecast: Government Net Debt (RMB bn) 192,017.140 2029 yearly 1995 - 2029
Forecast: Government Revenue (RMB bn) 47,044.385 2029 yearly 1982 - 2029
Foreign Debts: Qtr: Long Term (USD mn) 1,102,100.000 Mar 2024 quarterly Jun 2003 - Mar 2024
Foreign Debts: Qtr: Total (USD mn) 2,512,616.329 Mar 2024 quarterly Jun 2003 - Mar 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.732 2028 yearly 1998 - 2028
Export to Import Ratio (%) 133.003 Dec 2023 monthly Jan 1992 - Dec 2023
Trade Balance (USD mn) 82,622.1 May 2024 monthly Jan 1992 - May 2024
Total Exports (USD mn) 302,348.0 May 2024 monthly Jan 1992 - May 2024
Total Exports Growth (%) 28.1 Oct 2021 monthly May 2009 - Oct 2021
Aluminum: Exports (USD th) 26,004,555.285 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,336,060.515 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 16,671,966.370 2022 yearly 1995 - 2022
Total Imports (USD mn) 219,725.9 May 2024 monthly Jan 1992 - May 2024
Total Imports Growth (%) 20.8 Oct 2021 monthly May 2009 - Oct 2021
Imports: Medicament (USD th) 23,784,262.340 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 16,976,456.488 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 44,015.614 May 2024 monthly Jan 1981 - May 2024
Total Imports from USA (USD mn) 13,200.852 May 2024 monthly Jan 1981 - May 2024
Trade Index: Export: Quantum (Prev Year=100) 109.800 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Export: Value (Prev Year=100) 105.100 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Export: Unit Value (Prev Year=100) 95.600 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Value (Prev Year=100) 112.200 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Unit Value (Prev Year=100) 102.400 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Quantum (Prev Year=100) 109.600 Apr 2024 monthly Jan 2005 - Apr 2024
Automobile: Exports: Total (USD mn) 18,513.276 May 2024 monthly Jan 2003 - May 2024
Automobile: Exports: MC: Bus (USD mn) 2,278.262 May 2024 monthly Jan 2003 - May 2024
Automobile: Exports: MC: Sedan (USD mn) 1,571.179 May 2024 monthly Jan 2003 - May 2024
Automobile: Exports: Motorcycle (USD mn) 792.459 May 2024 monthly Mar 2003 - May 2024
Automobile: Imports: Total (USD mn) 6,005.496 May 2024 monthly Jan 2003 - May 2024
Imports: Other, Apparatus Based on the Use of X-rays for Medical (USD th) 66,760.689 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Computed Tomography Apparatus (USD th) 92,098.563 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Massage Apparatus (USD th) 172,419.213 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Other Needles, Catheters, Cannulae and the Like (USD th) 96,906.178 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Other Needles, Catheters, Cannulae and the Like (USD th) 152,633.684 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Adhesive Plasters (USD th) 45,585.795 Mar 2018 monthly Jan 2003 - Mar 2018
CN: Steel: Import: Steel Product: Rod & Bar (Ton th) 59.912 May 2024 monthly Jan 2002 - May 2024
CN: Steel: Import: Steel Product: Sheet & Plate (Ton th) 531.312 May 2024 monthly Jan 2002 - May 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 37,913.6 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance (USD mn) 39,200.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance: % of GDP (%) 1.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment (USD mn) 10,197.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment: % of GDP (%) 0.2 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment (USD mn) 32,214.066 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 0.8 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -4,687.4 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 36,901.496 Mar 2024 quarterly Mar 1998 - Mar 2024
External Debt (USD mn) 2,447,537.5 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 13.7 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,362,800.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1985 - 2023
Forecast: Current Account Balance (USD bn) 268.682 2029 yearly 1997 - 2029
Net International Investment Position (USD mn) 2,961,830.241 Mar 2024 quarterly Mar 2011 - Mar 2024
BoP: CA: Credit (USD mn) 899,143.399 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Current Account (CA) (USD mn) 39,213.450 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Debit (USD mn) -859,929.948 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods (USD mn) 121,308.701 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods: Export (USD mn) 751,119.375 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods: Import (USD mn) -629,810.674 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services (USD mn) -61,226.294 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services: Credit (USD mn) 90,047.570 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services: Debit (USD mn) -151,273.864 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income (USD mn) -24,306.945 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income: Credit (USD mn) 48,795.291 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income: Debit (USD mn) -73,102.236 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Secondary Income (USD mn) 3,437.989 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Secondary Income: Credit (USD mn) 9,181.162 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Secondary Income: Debit (USD mn) -5,743.173 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Capital Account (USD mn) -20.928 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Capital Account: Credit (USD mn) 53.507 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Capital Account: Debit (USD mn) -74.435 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Financial Account (FA) (USD mn) -74,407.576 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Asset (USD mn) -138,860.957 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve (USD mn) -30,995.296 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Liability (USD mn) 64,453.381 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve: Asset (USD mn) -95,448.677 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve: Liability (USD mn) 64,453.381 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Reserve Asset (USD mn) -43,412.280 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Net Errors and Omissions (USD mn) 35,215.054 Mar 2024 quarterly Mar 1998 - Mar 2024
CN: FDI: Utilized: ytd: Manufacturing (USD mn) 41,174.210 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Mfg: Comm, Computer & Other Electronic Eq (USD mn) 8,408.270 Dec 2018 quarterly Mar 1999 - Dec 2018
CN: FDI: Utilized: ytd: Wholesale and Retail Trade (USD mn) 9,766.890 Dec 2018 quarterly Mar 2001 - Dec 2018
CN: FDI: Utilized: ytd: Real Estate (USD mn) 22,467.400 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Leasing and Commercial Service (USD mn) 18,874.590 Dec 2018 quarterly Mar 2001 - Dec 2018
Outward Investment: Latin America: British Virgin Islands (USD mn) 9,115.950 2022 yearly 2003 - 2022
Outward Investment: Asia: Singapore (USD mn) 8,295.380 2022 yearly 2003 - 2022
Outward Investment: Latin America: Cayman Islands (USD mn) 5,762.380 2022 yearly 2003 - 2022
Outward Investment: Leasing and Commercial Service (USD mn) 33,700.000 2023 yearly 2003 - 2023
Outward Investment: Information Transmission, Software and Information Technolog... (USD mn) 4,900.000 2023 yearly 2003 - 2023
Outward Investment: Wholesale and Retail Trade (USD mn) 29,200.000 2023 yearly 2003 - 2023
Outward Investment: Financial Intermediation (USD mn) 17,720.000 2023 yearly 2006 - 2023
Outward Investment: Manufacturing (USD mn) 27,900.000 2023 yearly 2003 - 2023
Outward Investment: Hong Kong (USD mn) 97,534.230 2022 yearly 2003 - 2022
Outward Investment: United States (USD mn) 7,292.080 2022 yearly 2003 - 2022
Industrial Enterprise: No of Loss Making Enterprise (Unit) 158,834.000 Apr 2024 monthly Jan 1995 - Apr 2024
No of Business Entity: New Registration: ytd: Company (Unit mn) 9.040 Dec 2021 monthly Dec 2008 - Dec 2021
QFII: No of Institution: accumulated (Unit) 281.000 Apr 2015 monthly May 2003 - Apr 2015
QFII: Approved Investment Fund: accumulated (USD mn) 116,259.000 May 2020 monthly Jun 2003 - May 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Mar 2024 quarterly Mar 2005 - Mar 2024
Household Debt: % of GDP (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Non-Performing Loans (USD mn) 441,007.303 Jun 2022 quarterly Mar 2005 - Jun 2022
Money Supply M1 (USD mn) 9,472,189.749 Dec 2023 monthly Jan 1997 - Dec 2023
Money Supply M2 (USD mn) 41,556,514.880 Dec 2023 monthly Jan 1997 - Dec 2023
M2 Growth (%) 7.0 May 2024 monthly Mar 1997 - May 2024
Reserve Requirement Ratio (%) 7.0 Jun 2024 monthly Jan 1985 - Jun 2024
Foreign Exchange Reserves (USD mn) 3,222,358.0 Jun 2024 monthly Jan 1989 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 14.7 May 2024 monthly Jan 2000 - May 2024
Gold Reserves (USD mn) 169,697.000 Jun 2024 monthly Dec 1977 - Jun 2024
Total Deposits (USD mn) 40,499,920.867 May 2024 monthly Jan 1997 - May 2024
Total Deposits Growth (%) 6.7 May 2024 monthly Jan 1998 - May 2024
Domestic Credit (USD mn) 46,786,914.9 May 2024 monthly Jun 1999 - May 2024
Domestic Credit Growth (%) 8.8 May 2024 monthly Jun 2000 - May 2024
Debt Service Ratio: Private Non-Financial Sector (%) 18.700 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 11,013.152 Dec 2023 quarterly Mar 2006 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 35,543.850 Dec 2023 quarterly Dec 1985 - Dec 2023
Household Debt (USD mn) 11,185,511.3 May 2024 monthly Jan 2007 - May 2024
Total Loans (USD mn) 34,349,808.176 May 2024 monthly Jan 1997 - May 2024
Total Loans Growth (%) 9.32 May 2024 monthly Jan 1998 - May 2024
Private Debt: % of Nominal GDP (%) 200.56 Mar 2024 quarterly Dec 1992 - Mar 2024
Business and Economic Survey Last Frequency Range
Trade Policy Uncertainty Index (Index) 104.168 Jun 2024 monthly Jan 2000 - Jun 2024
Business Confidence Growth (% Point) 1.0 Jun 2024 monthly Jan 2006 - Jun 2024
Lagging Index (2015=100) 99.353 Feb 2020 monthly Jan 2001 - Feb 2020
Coincident Index (2015=100) 76.044 Feb 2020 monthly Jan 2001 - Feb 2020
Leading Index (2015=100) 92.852 Feb 2020 monthly Jan 2001 - Feb 2020
5000 Indu Enterprises: DI: General Business Condition (%) 49.700 Mar 2024 quarterly Jun 1992 - Mar 2024

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