Data released by the National Bureau of Statistics on the 15th shows that in June, out of 70 large and medium-sized cities, commercial residential sales prices in first-tier cities rose month-on-month, fell or remained flat month-on-month in second- and third-tier cities, and the overall year-on-year decline in Tier 1, 2, and 3 cities continued to narrow. Experts said that the “weather vane” cities in the property market have played a driving role in stabilizing the market, and the second-hand housing market is highly active across the country. Overall, China's real estate market continues to maintain a steady trend. (Xinhua News Agency)

Data released by the National Bureau of Statistics on the 15th shows that in June, out of 70 large and medium-sized cities, commercial residential sales prices in first-tier cities rose month-on-month, fell or remained flat month-on-month in second- and third-tier cities, and the overall year-on-year decline in Tier 1, 2, and 3 cities continued to narrow. Experts said that the “weather vane” cities in the property market have played a driving role in stabilizing the market, and the second-hand housing market is highly active across the country. Overall, China's real estate market continues to maintain a steady trend. (Xinhua News Agency)