Used home prices in the first-tier cities rose, led by Shanghai’s 0.7 per cent increase on a monthly basis, followed by a rise of 0.4 per cent in Beijing, data released by the National Bureau of Statistics (NBS) on Monday showed. Prices in Shenzhen also grew by 0.3 per cent, while Guangzhou inched up by 0.2 per cent.“Among the 70 large and medium-sized cities in mainland China in April, sales prices of commercial residential properties in first-tier cities grew month on month, while those in second- and third-tier cities saw their month-on-month declines narrow or remain unchanged,” said Wang Zhonghua, chief statistician of the urban division at the NBS.
SRCSouth China Morning Post
LANGSCO
LEANCenter-Right
WORDS109
ENT9
MON · 2026-05-18 · 06:51 GMTBRIEF NSR-2026-0518-77123
NSR-2026-0518-77123News Report·SCO·Economic Impact
Rising secondary home prices in China’s major cities in April stoke hopes of stability
Secondary home prices in mainland China's major cities increased in April, according to data from the National Bureau of Statistics (NBS). First-tier cities, including Shanghai, Beijing, Shenzhen, and Guangzhou, all saw month-on-month price growth.
Cheryl ArcibalSouth China Morning PostFiled 2026-05-18 · 06:51 GMTLean · Center-RightRead · 1 min
South China Morning PostFIG 01
Reading time
1min
Word count
109words
Sources cited
1cited
Entities identified
9entities
Quality score
100%
§ 01
Briefing Summary
AI-generatedNEWSAR · AI
Secondary home prices in mainland China's major cities increased in April, according to data from the National Bureau of Statistics (NBS). First-tier cities, including Shanghai, Beijing, Shenzhen, and Guangzhou, all saw month-on-month price growth. Shanghai led with a 0.7% increase, followed by Beijing at 0.4%, Shenzhen at 0.3%, and Guangzhou at 0.2%. The NBS reported that while first-tier cities experienced price growth, second- and third-tier cities saw their month-on-month declines narrow or remain unchanged. This trend in used home prices is being observed by analysts as a potential sign of stabilization in the property sector.
Confidence 0.85Sources 1Claims 5Entities 9
§ 02
Article analysis
Model · rule-basedFraming
Economic Impact
Tone
Measured
AI-assessed
CalmNeutralAlarmist
Factuality
0.90 / 1.00
Factual
LowHigh
Sources cited
1
Limited
FewMany
§ 03
Key claims
5 extracted01
Guangzhou saw a 0.2% monthly increase in used home prices in April.
statisticNational Bureau of Statistics (NBS)
Confidence
1.00
02
Shenzhen saw a 0.3% monthly increase in used home prices in April.
statisticNational Bureau of Statistics (NBS)
Confidence
1.00
03
Beijing saw a 0.4% monthly increase in used home prices in April.
statisticNational Bureau of Statistics (NBS)
Confidence
1.00
04
Shanghai saw a 0.7% monthly increase in used home prices in April.
statisticNational Bureau of Statistics (NBS)
Confidence
1.00
05
Used home prices in China's first-tier cities rose in April.
factual
Confidence
1.00
§ 04
Full report
1 min read · 109 words§ 05
Entities
9 identifiedKey playerOppositionContextPositiveNeutralNegative
Organizations1
Locations5
§ 06
Keywords & salience
9 termssecondary home prices
1.00
china's major cities
0.90
stability
0.80
first-tier cities
0.70
shanghai
0.60
national bureau of statistics
0.50
beijing
0.50
commercial residential properties
0.40
second- and third-tier cities
0.40
§ 07
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