Up or Down? (August 2016)

26/09/2016

Image: China.com

Image: BWPI

August 2016 updated RESIDENTIAL sales prices for 70 medium and large-sized cities in China.
​
I. Sales Prices of Newly Constructed Residential Buildings (excluding affordable housing).

Month-on-Month price changes: 

• Declined in 4 cities
• Increased in 64 cities
• 2 cities remained at the same level
• The biggest decline was down by 0.3% (Shaoguan)
• The highest increase was 5.6% (Zhengzhou)

Year-on-Year price changes:

• Decreased in 6 cities
• Increased in 62 cities
• 2 cities remained at the same level.
• The biggest decline was down by 3.8% (Jinzhou)
• The highest increase was 44.3% (Xiamen)

​​II. Sales Prices of Second-Hand Residential Buildings

Month-on-Month price changes: 

• Decreased in 9 cities
• Increased in 57 cities
• 4 cities remained at the same level
• The biggest decline was down by 0.4% (Dali)
• The highest increase was 4.5 % (Zhengzhou)

Year-on-Year price changes:

• Decreased in 16 cities
• Increased in 53 cities
• 1 cities remained at the same level
• The biggest decline was down by 4.4% (Jinzhou)
• The highest increase was 46.9% (Hefei)

Read article at stats.gov

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