China's housing market keeps falling, but some big cities are holding steady

New data from China's National Bureau of Statistics shows that housing prices in most major cities continued to fall in March 2026. However, a few large cities, like Shanghai and Hangzhou, saw slight price increases.

The Chinese government has been trying to stabilize the property market for years, but these numbers show that efforts are not working everywhere. Local governments and developers who bet on a quick recovery are still facing falling prices and less demand. This data makes it harder for them to borrow money or start new projects.