Beijing and Shanghai home prices diverge in September
In September 2026 the price index for new homes in Beijing fell to 99.8 on the month, while Shanghai's rose to 100.2, according to the National Bureau of Statistics' survey of 70 cities.
China's National Bureau of Statistics publishes sales price indexes for commercial residential buildings in 70 medium and large cities. In September 2026, the index for new homes in Beijing was 99.8 on the month, and the index for Shanghai was 100.2. A value below 100 means the price fell from the previous month, and a value above 100 means it rose. The bureau's tables give the figures for every city ([NBS release, 19 October 2026](http://www.stats.gov.cn/english/PressRelease/202610/t20261019_1965629.html)).
Key figures, September 2026
- New homes, Beijing, month on month: 99.8
- New homes, Shanghai, month on month: 100.2
- Existing homes, Beijing, month on month: 100.1
- Existing homes, Shanghai, month on month: 100.5
For the wider property picture, see China's property investment falls 20.6% through September.
Sources
Common questions
What did the Beijing new-home price index show in September 2026?
It was 99.8 on the month, below 100, which means prices fell from August, according to the National Bureau of Statistics.
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