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House prices in China; second-hand house price index, Beijing (2015=100)

China, Beijing

House prices in Beijing, China.

We use the price index of second-hand residential buildings provided by the National Bureau of Statistics of China (NBSC).

The data dates back to January 2011.

House prices in Beijing, % change 1 yr

Nominal and inflation-adjusted ('real')

China, Beijing

Source: Ehomeday


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2020-0.78%5.55%
2019-0.64%0.62%-3.05%-1.66%
2018-2.10%0.79%-1.47%-0.99%
20173.65%-1.88%-3.22%-1.77%
201610.54%8.30%10.59%1.29%
2015-0.51%9.38%5.07%4.15%
2014-0.90%-1.98%-3.75%1.10%
20135.17%5.51%2.51%2.62%
2012-2.45%1.44%-0.35%0.50%
2011-0.70%-1.48%-2.18%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.


Yearly change in house prices, nominal and inflation-adjusted

YearInflation AdjustedNominal Change
2019-4.68%-0.48%
2018-3.73%-1.89%
2017-3.32%-1.53%
201634.09%36.76%
201519.08%21.01%
2014-5.48%-4.15%
201316.73%19.65%
2012-0.91%1.60%

The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.


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