China Index Academy: In January-September, the number of finely decorated project launches in key monitored cities fell 28.7% year on year, while the fine decoration rate remained flat year on year.

Zhitong Finance APP has learned that the China Index Academy stated in a report that from January to September 2026, the number of finely decorated residential projects launched in key monitored cities was 477, a year-on-year decrease of 28.7%; the number of finely decorated housing units was 263,000, a sharp year-on-year decline of 34.5%. Among them, the number of launches in September was 77, a year-on-year decrease of 31.9% and a month-on-month increase of 42.6%; the number of finely decorated housing units was 41,400, a year-on-year decrease of 37.7%; the average fine decoration rate was 26.5%, flat compared with the same period last year. Among them, the average fine decoration rates in first-tier cities, second-tier cities, and third- and fourth-tier cities were 89.0%, 33.0%, and 11.9%, respectively. South China had the highest average fine decoration rate, reaching 52.7%.