---
title: China’s real residential property prices crashed to their lowest level on record hitting 20 year low
description: "Data from the Bank for International Settlements shows the index dropped to 86.79 in Q4 2025, down from 88.85 in the previous quarter.\n\nThe index has now declined steadily from its peak of 112.99 in September 2021 marking a 21.5% correction in China’s housing market.\n\nThe latest reading is also the lowest level since records began in 2005 signaling continued weakness across the property sector.\n\nReal estate has been the primary repository of life savings for hundreds of millions of Chinese households. Yet roughly 85 percent of the price gains that underpinned that wealth creation have evaporated since 2021.\n\nSales and prices continue to slide, while an estimate of 80 Million unsold or vacant homes clog the market and many of the country’s largest private developers have defaulted on debts\n\nSource: Bull Theory"
---

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# [China’s real residential property prices crashed to their lowest level on record hitting 20 year low](https://blog.syzgroup.com/syz-the-moment/chinas-real-residential-property-prices-crashed-to-their-lowest-level-on-record-hitting-20-year-low)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 28, 2026, 2:10:40 PM

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