Housing market · China
China House Price Index YoY
The China House Price Index YoY tracks the housing market of China: house prices, building permits and starts, home sales, builders' confidence or mortgage demand.
- 重要性
- Medium
- 发布时间
- Monthly
- 下次发布
- 货币
- CNH · Chinese yuan (renminbi)
- 中央银行
- The People's Bank of China
最新数据
最新一期（SEP）于 2026-10-19 公布，数值为 -2.8%。 高于上次的 -3%。
最近 12 次公布中介于 -3.5% 至 -2.2%，平均 -3.0%。 已连续三次公布上升。
| 发布时间 | 期限 | 实际值 | 预期值 | 前值 |
|---|---|---|---|---|
| 19 Oct 2026 | SEP | -2.8% | – | -3% |
| 15 Sep 2026 | AUG | -3% | – | -3.2% |
| 17 Aug 2026 | JUL | -3.2% | – | -3.3% |
| 15 Jul 2026 | JUN | -3.3% | – | -3.5% |
| 16 Jun 2026 | MAY | -3.5% | – | -3.5% |
| 18 May 2026 | APR | -3.5% | – | -3.4% |
| 16 Apr 2026 | MAR | -3.4% | – | -3.2% |
| 16 Mar 2026 | FEB | -3.2% | – | -3.1% |
| 13 Feb 2026 | JAN | -3.1% | – | -2.7% |
| 19 Jan 2026 | DEC | -2.7% | – | -2.4% |
| 15 Dec 2025 | NOV | -2.4% | – | -2.2% |
| 14 Nov 2025 | OCT | -2.2% | – | -2.2% |
为何重要
Housing is the main channel through which interest rates reach the economy: higher mortgage rates cool sales and building first. Home prices drive household wealth and confidence, and in some countries (Australia, Canada, New Zealand, the UK) housing figures weigh heavily on central-bank decisions.
计算方法
Prices come from repeat sales of the same homes (Case-Shiller), mortgage-lender data (Nationwide, Halifax) or official registries; permits and starts from local authorities; sales from estate-agent associations; mortgage applications from lenders' weekly surveys.
变化意味着什么
- Permits lead starts, which lead construction activity by months.
- Falling sales with stable prices is the usual first stage of a cooling market.
- Mortgage applications react within weeks to changes in mortgage rates.
高于预期：A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.
低于预期：A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
简史
Karl Case and Robert Shiller built their repeat-sales home price index in the 1980s; the 2006–2009 US housing collapse made housing data central to market analysis.
问题
What is the China House Price Index YoY?
The China House Price Index YoY tracks the housing market of China: house prices, building permits and starts, home sales, builders' confidence or mortgage demand.
What was the latest China House Price Index YoY?
-2.8% for SEP, published on 19 October 2026.
When is the next China House Price Index YoY?
On Monday 16 November 2026 at 01:30 UTC.
仅供学习参考，不构成投资建议。数据为我们日历记录的已发布结果；所述市场反应为典型情况，并无保证。