According to Xinhua News Agency Beijing (real estate) March 18, the State Statistics Bureau released on February 18, 70 large and medium-sized cities housing sales price changes showed that prices in February fell in most of the ring, compared with last month, new products and second-hand housing prices fell in 66 cities and 61 cities separately.
Liu Jianwei, a senior statistician at the City Department of the National Bureau of Statistics, said that the decline in ring-to-ring house prices slightly expanded due to New Year's factors. Because the New Year's transaction is relatively light, in February 70 large and medium-sized cities, housing prices of new products fell in 66 cities, two more than last month. Beginning to calculate, 70 cities new product housing prices ring-on-ring average than the comprehensive decline in last month expanded by 0.1 percentage points.
Statistics from the National Bureau of Statistics show that, compared with the same month in 2014, 69 of the 70 large and medium-sized cities showed price declines, only Xiamen (real estate) 1 city was flat. This means that the price level of 70 large and medium-sized cities has returned to a year ago, or even lower. Among them, Hangzhou (real estate) led a 10.8% decline in housing prices, which once exceeded Shanghai (real estate), and hit the first shot in the price reduction in the property market last year. Second-hand housing prices rose in 1 cities, while others declined.