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China Sales Commercial Residential Building Sales Value

China's commercial residential building sales value hit 55,329 CNY Hundred Million in September 2025. This is a 14.2% increase from August 2025's 48,447 CNY Hundred Million. This marks the highest sales value since December 2024. The upturn resulted from eased homebuying curbs in cities like Shanghai and Shenzhen. Government directives also aimed to stimulate housing demand and stabilize the market. China's record low commercial residential building sales value was 7,198 CNY Hundred Million in February 2020 and record high was 162,730 CNY Hundred Million in December 2021.

Monthly Historical Data (2015-2025)

(in CNY Hundred Million)
Month Commercial Residential Building Sales Value
Sep 2025 55,329
Aug 2025 48,447
Jul 2025 43,593
Jun 2025 38,849
May 2025 30,119
Apr 2025 23,866
Mar 2025 18,362
Feb 2025 9,160
Dec 2024 84,864
Nov 2024 74,871
Oct 2024 67,486
Sep 2024 60,240
Aug 2024 52,425
Jul 2024 46,787
Jun 2024 41,270
May 2024 31,163
Apr 2024 24,453
Mar 2024 18,523
Feb 2024 9,227
Dec 2023 102,990
Nov 2023 93,646
Oct 2023 86,502
Sep 2023 79,311
Aug 2023 69,918
Jul 2023 63,184
Jun 2023 56,639
May 2023 45,132
Apr 2023 36,020
Mar 2023 27,647
Feb 2023 14,134
Dec 2022 116,747
Nov 2022 104,188
Oct 2022 95,447
Sep 2022 87,054
Aug 2022 75,288
Jul 2022 66,328
Jun 2022 57,683
May 2022 42,317
Apr 2022 33,248
Mar 2022 26,073
Feb 2022 13,652
Dec 2021 162,730
Nov 2021 145,597
Oct 2021 132,902
Sep 2021 121,957
Aug 2021 108,062
Jul 2021 96,747
Jun 2021 84,633
May 2021 64,570
Apr 2021 49,010
Mar 2021 35,055
Feb 2021 17,526
Dec 2020 154,567
Nov 2020 133,247
Oct 2020 117,923
Sep 2020 103,497
Aug 2020 86,769
Jul 2020 72,686
Jun 2020 59,633
May 2020 41,250
Apr 2020 28,291
Mar 2020 17,934
Feb 2020 7,198
Dec 2019 139,440
Nov 2019 121,706
Oct 2019 108,948
Sep 2019 97,497
Aug 2019 83,317
Jul 2019 72,431
Jun 2019 61,345
May 2019 45,021
Apr 2019 33,870
Mar 2019 23,239
Feb 2019 11,028
Dec 2018 126,392.6
Nov 2018 109,946.9
Oct 2018 98,354.9
Sep 2018 88,364.2
Aug 2018 75,831.1
Jul 2018 66,328.1
Jun 2018 56,604.3
May 2018 41,349.9
Apr 2018 30,613.8
Mar 2018 21,608.7
Feb 2018 10,552.7
Dec 2017 110,239.5
Nov 2017 95,762.1
Oct 2017 85,532.3
Sep 2017 76,442.3
Aug 2017 65,155.7
Jul 2017 57,087.5
Jun 2017 49,298.1
May 2017 36,655.8
Apr 2017 27,950.8
Mar 2017 19,399
Feb 2017 9,120.9
Dec 2016 99,064.2
Nov 2016 87,120.9
Oct 2016 78,023.1
Sep 2016 68,610.7
Aug 2016 57,043.2
Jul 2016 49,272.7
Jun 2016 41,801.9
May 2016 31,800.1
Apr 2016 24,070.3
Mar 2016 16,133
Feb 2016 7,435.3
Dec 2015 72,753
Nov 2015 62,532.3
Oct 2015 54,702.7
Sep 2015 47,898.1
China Sales Commercial Residential Building Sales Value : Definition
China sales value of commercial residential buildings is the total revenue generated from selling residential properties developed by commercial entities. It is calculated by summing the selling prices of all commercial residential units transacted. The denomination is CNY Hundred.
Indicator Last Value Prior Value Period
Newly Built House Prices YoY Change -2.2% -2.5% Sep'25
Housing Starts 45,399 39,801 Sep'25