China's 70 large and medium-sized cities in 3 years, year-on-year prices fell for the first time

House prices fell year-on-year to enter the space. According to National Development and Reform Commission, the National Bureau of Statistics data released yesterday, in December last year, 70 large and medium-sized cities nationwide housing sales price fell 0.4 percent, or lower in November than the 0.6 percentage point decrease by 0.5%.

This is the index since July 2005 to start publication of the data the first time since the year-on-year decline in housing prices.

Sub-regional perspective, and there will be some more remote cities in new house prices rose a larger year-on-year, mainly include: Yinchuan 9.1 percent, 5.3 percent in Urumqi, Xining 4.9 percent, Haikou and Guiyang were 4.5 percent and so on. Year-on-year price decline in 21 cities, including Shenzhen, 18.1 percent decline is still living in the country, fell more in other cities including Guangzhou 9.4 percent, 5.8 percent in Nanjing, Chongqing and Xiamen 5.2 percent, such as 4.4 percent.

Only four cities in Central than rising prices, including 0.3 percent of Jinzhou, Lanzhou, and are 0.2 percent of Jiujiang, Nanchang, 0.1 percent; Central prices fell more than 50 cities, including Canton 3.1 percent, 2.6 percent in Changchun, Nanning 1.9% Shijiazhuang 1.8% and 1.7% in Guiyang and so on.

Beijing housing prices are relatively stable, is still up 1.0 percent year-on-year, but the ring than a drop of 0.6%.