[National Bureau of Statistics: The year-on-year decline in sales prices of commercial housing in first-, second- and third-tier cities all narrowed in September] October 19th, data from the National Bureau of Statistics showed that in September, the sales price of newly built commercial housing in first-tier cities fell by 0.5% year-on-year, and the decline narrowed by 0.4 percentage points from the previous month. Among them, Beijing, Guangzhou and Shenzhen decreased by 2.7%, 1.1% and 1.0% respectively, while Shanghai increased by 2.8%. The sales prices of newly built commercial residential buildings in second- and third-tier cities fell by 2.4% and 3.9% respectively year-on-year, with the decline narrowing by 0.3 and 0.2 percentage points respectively. In September, the sales price of second-hand housing in first-tier cities fell by 1.5% year-on-year, and the decline narrowed by 1.2 percentage points from the previous month. Among them, Beijing, Guangzhou and Shenzhen decreased by 2.5%, 2.9% and 1.5% respectively, while Shanghai increased by 0.8%. The sales price of second-hand housing in second- and third-tier cities fell by 4.5% and 5.4% year-on-year respectively, with the decline narrowing by 0.4 and 0.2 percentage points respectively.