June 4, 2025

Prices Rise for Second Month China’s new home prices rose for the second straight month in May 2025. A private survey released on June 1 showed the market gaining modest ground, thanks to fresh policy support. The China Index Academy (CIA) reported that average new home prices in 100 cities increased by 0.25% from April. This follows a 0.27% gain the month before. The back-to-back growth suggests early signs of a potential turnaround after months of decline. Policy Measures Lift Sentiment This modest rebound coincides with a series of supportive measures. Notably, the People’s Bank of China introduced a RMB