“In Q2/2025, Tianjin’s housing market showed stabilized sales volume and price, but regional divergence intensified. The land auctions saw significantly increased activities, with multiple quality plots sold in 1H/2025, and the total transaction levelled last year’s volume. Underpinned by quality land supply and supporting policies, Tianjin’s real estate market is expected to remain stable.”

VINCENT LI, SAVILLS RESEARCH



Supply and demand remain balanced in the housing market

• No new serviced apartment projects entered the market in Q2/2025, leaving the total stock at 1,176 units.

• The citywide vacancy rate fell 0.4 percentage points (ppts) quarter-on-quarter (QoQ) to 15.9%, down 1.2 ppts year-on-year (YoY). Serviced apartment rents fell 0.6% QoQ to an average of RMB228 psm pmth, but up 1.6% YoY.

• First-hand residential supply increased to 1.93 million sqm, up 85.3% QoQ and 19.5% YoY; transaction volume was 1.74 million sqm, an increase of 15% QoQ, but down 15.1% YoY.

• First-hand residential transaction prices increased 2.8% QoQ and 0.1% YoY to an average of RMB18,586 psm.

• In Q2/2025, two newly launched high-end residential projects, China Overseas Property Aura Rhythms in Nankai district and China Jinmao Tianjin Hedong in Hedong district, brought 184,384 sqm of new supply. The average transaction price for high-end residences dropped to RMB 39,578 psm, down 1.9% QoQ and 1.2% YoY.