China's housing prices are accelerating downwards

On December 15, 2025, the National Bureau of Statistics of China announced the sales data of commodity residential properties in 70 large and medium-sized cities.

In first-tier cities, the selling prices of second-hand residential properties dropped by 5.8% year-on-year, with the decline expanding by 1.4 percentage points compared to last month. Among them, Beijing, Shanghai, Guangzhou, and Shenzhen dropped by 6.8%, 4.6%, 7.2%, and 4.8%, respectively. In second- and third-tier cities, the selling prices of second-hand residential properties fell by 5.6% and 5.8% year-on-year, with declines expanding by 0.4 and 0.1 percentage points, respectively.

In first-tier cities, the selling prices of second-hand residential properties fell by 1.1% month-on-month, with the decline expanding by 0.2 percentage points compared to last month. Among first-tier cities, Beijing saw the largest month-on-month decline in second-hand housing prices, down 1.3%; followed by Guangzhou, down 1.2%; and Shanghai and Shenzhen down 0.8% and 1.0%, respectively. In second-tier cities, the selling prices of second-hand residential properties fell by 0.6% month-on-month, the same decline as last month. In third-tier cities, the selling prices of second-hand residential properties fell by 0.6% month-on-month, with the decline narrowing by 0.1 percentage points.

If you have a house worth 6000000 in Beijing, in just one month, your housing price has dropped by nearly 70000! In one year, the value of the house has decreased by 410000!

How many families can save 70000 every month? How many can save 410000 every year?

My suggestion is: buy for self-use, sell investment properties quickly!