China's property sector continued to weaken in February, official data showed, remaining a sore spot for the world's second-largest economy.
Home prices in China's 70 biggest cities fell 0.28% in February from the prior month, compared with a 0.37% drop in January, according to calculations by The Wall Street Journal based on data released by the National Bureau of Statistics on Monday.
Of the 70 cities, 53 reported a month-on-month decline, down from 62 cities in January.
On year, home prices in the 70 cities declined 3.5% in February, widening from January's 3.3% fall. Of this, 65 cities reported year-over-year price declines, the same as in January.
Data released Monday also showed property investment and home sales continued to decline at the start of 2026.
Property investment fell 11.1% in the January to February period from a year earlier, narrowing from a 17.2% fall recorded in 2025, said the statistics bureau.
Home sales measured by value tumbled 21.8% in the first two months from a year earlier, worsening from a 13.0% decline in 2025.
Construction starts launched by property developers in China slipped 23.1% on year in the first two months, compared with a 20.4% drop in 2025.
Write to Singapore editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
03-15-26 2240ET
