2026.04.1601:30:00UTC+00China’s House Price Slump Deepens in March, Extending Annual Decline

China’s housing market showed further signs of strain in March 2026, with residential property prices falling 3.4% year-over-year, according to data updated on 16 April 2026. The decline accelerated slightly from February 2026, when prices were down 3.2% compared with a year earlier.

The figures underscore persistent weakness in China’s real estate sector, as the annual rate of decline in house prices has now deepened for a second consecutive month on a year-over-year basis. Both the “previous” and “actual” readings compare each month’s price change with the same month a year earlier, highlighting that the market has yet to find a clear floor despite ongoing efforts to stabilize the sector.