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-on-month decline last month, down from 54 cities in March.
On an annual basis, home prices in these cities declined 3.7% in April, slightly widening from the 3.6% fall in March. There were 65 cities reporting year-on-year price declines, the same as the prior month.
In the first four months of 2026, home prices in the 70 cities dropped 3.5% from the prior-year period.
