In August, the real estate market in Xi'an, capital of Northwest China's Shaanxi province, maintained stable operations, with the prices of new residential properties continuing to rise.

August is traditionally a slow season for the real estate market, and the Xi'an market for new residential properties focused on stable sales.

During this period, the number of viewings for second-hand residential properties decreased, leading to a longer transaction cycle.

In August, the sales prices of new residential properties in Xi'an increased by 0.4 percent compared to the previous month and by 1.9 percent compared to the same period last year.

The sales prices of second-hand residential properties showed signs of stabilization, with a 0.3-percent month-on-month decrease and a 0.9-percent year-on-year decrease.