Up or Down? (November 2016)

06/02/2017

Image: BWPI

​​​chinaurbanisationnews

Image: China.com

November​ 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 10 cities
• Increased in 56 cities
• 4 cities remained at the same level
• The biggest decline was down by 0.3% (Shenzhen)
• The highest increase was 1.9% (Yangzhou, Shaoguan)

Year-on-Year price changes:

• Decreased in 5 cities
• Increased in 65 cities
• 0 cities remained at the same level.
• The biggest decline was down by 3.3% (Jinzhou)
• The highest increase was 47.4% (Hefei)

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Image: BWPI

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

Month-on-Month price changes: 

• Decreased in 17 cities
• Increased in 47 cities
• 6 cities remained at the same level
• The biggest decline was down by 0.6% (Shijiazhuang)
• The highest increase was 1.8% (Nanjing)

Year-on-Year price changes:

• Decreased in 9 cities
• Increased in 61 cities
• 0 cities remained at the same level
• The biggest decline was down by 3.5% (Urumqi)
• The highest increase was 50.4% (Hefei)

Read article at stats.gov

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