China's new home prices fall at fastest pace in 11 months in September
ReutersOct 20, 2025 1:41 AM
BEIJING, Oct 20 (Reuters) - China's new home prices continued to fall in September, official data showed on Monday, highlighting the need for more stimulus to revitalise the flailing property market.
New home prices fell 0.4% month-on-month, the fastest pace in 11 months, following a 0.3% slide in August, calculated by Reuters based on data released by the National Bureau of Statistics.
On an annual basis, new home prices fell 2.2% in September, compared with a 2.5% drop in August.
A multi-year property crisis has weighed heavily on growth and consumer confidence in the world's second-largest economy, already struggling with U.S. trade pressures.
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