FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
1. Various of residential buildings
2. Exterior of real estate agency outlet, agents talking on phone
3. Various of real estate agents working at computers
4. Various of residential buildings

FILE: Shenzhen City, Guangdong Province, south China - Sept 2021 (CCTV - No access Chinese mainland)
5. Various of residential buildings
6. Aerial shot of residential buildings

FILE: Shenzhen City, Guangdong Province, south China - Date Unknown (CCTV - No access Chinese mainland)
7. Various of exterior of residential buildings

FILE: Shenzhen City, Guangdong Province, south China - Nov 25, 2021 (CCTV - No access Chinese mainland)
8. Various of real estate agents working

FILE: Shenzhen City, Guangdong Province, south China - Date Unknown (CCTV - No access Chinese mainland)
9. Various of pedestrians

China continued to see a downward trend of house prices in 70 major cities on monthly basis, with shrinking year-on-year increase in December, official data showed on Saturday.

New home prices in four first-tier cities – Beijing, Shanghai, Shenzhen and Guagnzhou – dropped 0.1 percent month to month in December, compared with a flat registered in November, according to data from the National Bureau of Statistics.

The resold home market in first-tier cities saw prices increase 0.1 percent month on month in December, while November saw a 0.2 percent decrease.

The country's 31 second-tier cities saw a month-on-month decrease of 0.3 percent in both new home prices and resold home prices, with decline rate 0.1 percentage points narrower than the previous month; while 35 third-tier cities witnessed a month-on-month decline of 0.3 percent in new home prices, the same level as that of November. The resold house prices in third-tier cities dropped 0.5 percent, 0.1 percentage points of decrease higher than the previous month.

On a year-on-year basis, new home prices in first-tier cities rose 4.4 percent in December, while those in second-tier cities went up 2.8 percent.

The resold home prices in first-tier cities grew 5.3 percent from a year earlier, shrinking by 0.5 percentage points from the growth seen in November, while the prices in second-tier cities went up 1.5 percent, also a 0.5 percentage points lower from November.

In third-tier cities, new home prices went up 0.9 percent, 0.5 percentage points lower than the increase in November. Resold house prices grew by 0.5 percent, remained unchanged to November.