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China Tier-1 Home Prices Up 2% Amid Recovery Debate

5/21/2026

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Story summary
  • Tier 1 home prices in China rose 2 percent from February through April, UBS and Centaline report.
  • The rise follows a 38 percent plunge since 2021 that erased much middle-class savings, exemplified by Timothy Liu’s 2021 $76,000 Henan apartment losing nearly 30 percent of its value as he lost his job.
  • Analysts remain divided on whether the price rise signals a market bottom or a temporary pause before further decline.