The decline in China's home prices showed signs of narrowing in April, but the overall picture of the country's real-estate sector remained bleak.
Home prices in the country's 70 biggest cities fell 0.19% in April from the prior month, compared with the 0.21% drop in March, according to calculations by The Wall Street Journal based on data released Monday by the National Bureau of Statistics.
Of the 70 cities, 49 reported a month-over-month decline last month, down from 54 cities in March.
On an annual basis, home prices in these cities declined 3.7% in April, worsening slightly from the 3.6% fall in March. Sixty-five cities reported year-over-year price declines, the same as the month prior.
In the first four months of 2026, home prices in the 70 cities dropped 3.5% from the previous year.
